14670 Us Highway 98
Foley, AL 36535

Description

Excellent investment opportunity in the heart of Magnolia Springs! This commercial property is ideally located on busy Hwy 98 between Fairhope and Foley, offering strong visibility and easy access. Currently operating as a daycare with a tenant in place, leasing through 2028, providing immediate and reliable income for investors. The property features several interior upgrades and a fenced outdoor area, perfect for its current use. With flexible future potential for office or retail space, this property offers both stable cash flow now and long-term value at a 9% CAP rate. There is a secondary warehouse located at the back of the property...read more