Live/Work Flex Units – Foley AL – Pre-Construction $250K

Now accepting reservations for 154 fully permitted 1,600 SF flex/live-work units in iStore Foley Phase 2, located just off Highway 59 near the Foley Beach Express. Each two-story unit includes 800 SF of secure ground-level garage/shop space with a half bath and 800 SF of conditioned space featuring a full kitchen, full bath, and washer/dryer hookups—ideal for business owners, contractors, hobbyists, or investors. Designed for long-term functionality, the complex will feature gated entry, paved infrastructure, and 24/7 video surveillance. Zoned commercial with a 30-day minimum rental requirement, these units present excellent income potential with projected lease rates of $20–$23/SF based on current market comps. Offered at $250,000 per unit. Reserve now with a fully refundable $10,000 deposit. 50% due at groundbreaking (expected soon), balance due at Certificate of Occupancy. High cap rate potential in Baldwin County’s fastest-growing commercial corridor. Contact us today to secure your unit. For more information, contact Jonathan R. Bennett at 251-424-5682 or by email at jr [at] jonathanrbennett [dot] realtor. Buyer to verify all information during due diligence.