212 E Michigan Ave
Foley, AL 36535
For more information on this listing, contact us at: (251) 533-1791
Active
$2,995,000
212 E Michigan Ave Foley, AL 36535
Zoned
Property Type
17.8
Acres
Baldwin
County
This 17.8-acre R3-zoned parcel in Foley, Alabama presents a highly versatile investment opportunity, primed for either its original 200-unit multifamily design, a senior living development, or a commercial/residential mixed-use project aligned with the city's new comprehensive plan. The inclusion of complete due diligence materials-including architectural drawings, surveys, Geotech reports, wetland permits, and a traffic study - significantly reduces development lead time and upfront costs. There are two existing, occupied rental houses providing cash flow. Positioned "in the heart of Foley," this site sits within a rapidly expanding economic hub. It benefits from proximity to major South Baldwin County drivers, including the Tanger Outlets Foley, the OWA Parks & Resort entertainment district, and a large medical infrastructure. It also serves as a key residential feeder for the coastal tourism economies of Gulf Shores and Orange Beach. Buyer to verify all information during due diligence.
MLS #
411124
Monthly HOA
N/A
On Site
44 Days
Last Updated
11/4/2026
Location
Contact Agent
Kristy Malone
(251) 533-1791Property Details
Community Information
School Information
Property Features
Lot Size
17.8 Acres
Waterfront
No Waterfront
Utilities
Riviera Utilities
Directions
Take 59 S as you enter Foley, turn left onto Michigan Ave and property will be on the right just past Gelato Joe's restaurant.
Tax and Financial Info
Current Financing
Conventional, Cash, Exchange
Ownership
Whole Full
Documents Available
Site Plan, Property Survey, Environmental Study, Wetlands Delineation
Mortgage Calculator
Your monthly payment will be
$0,000
Loan and interest only.
Purchase price
Down payment
Schools
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Listing Information Last Updated 11/4/2026
Listing provided courtesy of Coastal Real Estate (251-604-0327).
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The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.