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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 380860
Construction Status Resale
HOA Y/N No
Year Built 1984
Property Sub-Type Other
Source Baldwin County
Property Description
Rare Multi-Use Opportunity in the Heart of Gulf Shores – Waterway Village District OverlayExceptional investment property located in the highly desirable Waterway Village District, just steps from the vibrant heart of Gulf Shores! This unique offering includes five income-producing homes, all currently used as rental properties and eligible for short-term and vacation rental approval under existing overlay zoning.Positioned less than 1/4 mile from top local attractions, including live entertainment, restaurants, boutique ice cream shops, art galleries, and a popular brewery, this walkable neighborhood is undergoing exciting infrastructure improvements—including a new pedestrian bridge over the Intracoastal Waterway and pending approval for golf cart-friendly transportation.This property also offers significant redevelopment potential, with ample room to accommodate multi-use retail, restaurant, condo, or apartment buildings—all aligned with the City of Gulf Shores' long-term master plan for the area. Whether you're looking to develop, expand a rental portfolio, or operate a live/work concept, this flexible-use property provides unmatched potential in one of Gulf Shores' most dynamic and fast-evolving communities. Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Zoning Commercial,WithinCorpLimits
Rooms
Dining Room None
Interior
Heating Electric
Flooring Tile, Carpet, Laminate, Other/See Remarks
Heat Source Electric
Exterior
Utilities Available Cable TV, Water City, Sewage City, Other/See Remarks, Water Heater Electric
Roof Type Metal,Composition Shingle
Building
Lot Description Corner Lot, Some Trees, Other/See Remarks
Construction Status Resale
Others
Special Listing Condition None, Other/See Remarks
Listed by RE/MAX of Gulf Shores
Schools and Properties Nearby
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