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303 Palafox st
Flomaton, AL 36441
Retail Property For Sale
Investment Highlights
- Approximately 2,522 SF of adaptable commercial space with open floor plan and dedicated storage area
- Average daily traffic of roughly 11,000 to 12,116 vehicles supports strong visibility and customer inflow
- SBA HUBZone designation and rural financing options may provide federal and USDA-related benefits to qualifying buyers
- Located on a 0.6± acre corner lot in Flomaton’s Historic District with direct exposure along U.S. Hwy 29
- B-1 zoning accommodates retail, office, services, or restaurant concepts
- Positioned with dual-highway access, less than an hour from Pensacola, FL, and Mobile, AL
Executive Summary
303 Palafox Street presents a rare opportunity to secure a corner property in the heart of Flomaton’s Historic District, combining architectural character with modern functionality. Boasting 2,522 SF of open-plan space on an approximately 0.6-acre lot, this property offers unrivaled flexibility for a variety of commercial uses, including retail storefronts, professional offices, personal services, or food and beverage concepts under B-1 zoning. The property benefits from a thoughtful layout featuring a generous open floor area, a sizeable storage room, and one restroom. Additional operational convenience is provided through street parking at the front, rear alleyway access, and a wide double-door entrance for deliveries. Situated at the confluence of U.S. Hwy 29 and U.S. Hwy 31, this location experiences steady vehicular exposure with traffic counts ranging between 11,000 and 12,116 AADT on Hwy 29. Its accessibility is further enhanced by the nearby SR-113 connection to I-65 and proximity to major metros—approximately 45 minutes to Pensacola, FL, and one hour to Mobile, AL.
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
2,522 SF
Building Class
C
Year Built
1925
Price
$140,570 CAD
Price Per SF
$55.74 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.59 AC
Zoning
B1 - General Business
Amenities
- Corner Lot
- Storage Space
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $17,294 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$17,294 CAD
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