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31282572
31275303

303 Palafox St, Flomaton, AL 36441

MG
AL Alabama 93778-0, FL 3322613
Reynolds Real Estate
Listed by Reynolds Real Estate
$99,000
71 days on market
Updated 13 days ago

Historic Flomaton Building - Heart of Downtown

Details
APN 30-24-08-33-4-023-018.000
Property Type Retail, Office (+1)
Sub Type Restaurant, Storefront (+1)
Square Footage 2,522
Units 1
Tenancy Vacant
Year Built 1925
Buildings 1
Stories 1
Acreage 0.599
Zoning B-1, SBA HUBZone
Ground Lease No
Ownership Fee Simple

Historic District corner building — B-1 zoned, SBA HUBZone eligible, dual-highway access to FL & AL

Marketing 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.


Listing Contacts

MG
AL Alabama 93778-0, FL 3322613
Reynolds Real Estate
Listed by Reynolds Real Estate

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Additional Information

Name
Malcolm Gideons
License
Alabama 93778-0
Brokerage
Reynolds Real Estate
Brokerage Phone
251-368-1063
Brokerage Address
110 West Ridgeley Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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