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$ 99,000
Est. payment | /mo
2,522 SqFt
$ 99,000
Est. payment | /mo
2,522 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,522 sqft
Price per Sqft $39
Subdivision Al
MLS Listing ID 394219
Construction Status Resale
Year Built 1925
Lot Size 0.599 Acres
Lot Dimensions 26.9 x 97
Property Sub-Type Retail
Property Description
FLOMATON, AL - 2,522 SF COMMERCIAL | CORNER LOT | B-1 ZONED | SBA HUBZONE | HISTORIC DOWNTOWN | ESCAMBIA COUNTY - A corner address in a historic downtown doesn't come available every day. 303 Palafox St offers 2,522 SF of open, flexible commercial space on an approximately 0.6+/- acre corner lot in the heart of Flomaton's Historic District. B-1 zoning supports retail, professional office, personal services, food and beverage concepts, and more. The open floor plan adapts to virtually any layout, with a spacious storage room and one bathroom. Street parking at the front, rear alleyway access, and a large exterior double door make daily operations seamless from day one. Plus, benefit from high traffic with ~11,000 - 12,116 AADT on U.S. Hwy 29. This property carries a federal SBA HUBZone designation — qualifying businesses may be eligible for special SBA loan programs and federal incentives designed to stimulate growth in historically underserved communities. Flomaton's rural designation may also unlock USDA Rural Development financing. Buyers are encouraged to confirm eligibility directly. Positioned at the junction of U.S. Hwy 29 & 31 with I-65 access via SR-113 — approximately 45 minutes to Pensacola, FL, and one hour to Mobile, AL. Escambia County's household income rose 8% between 2022 and 2023, anchored by manufacturing, retail, and transportation. Historic District character. Dual-highway access. Federal incentive potential. This corner has history — now it needs its next chapter. NO MINERAL RIGHTS CONVEY. Buyer to verify all information during due diligence.
Location
State AL
County Escambia
Area Escambia County Al
Zoning Business/Commercial,Within Corp Limits
Interior
Cooling None
Exterior
Parking Features On Street
Waterfront Description No Waterfront
View Y/N No
Garage No
Building
Lot Description Corner Lot, Level, No Trees
Sewer Public Sewer
Water Public
New Construction No
Construction Status Resale
Others
Senior Community No
Listed by PHD Realty, LLC
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