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31645062
31645077

1600 East 2nd Street, Gulf Shores, AL 36542 For Sale

JC
AL 163184
Engel & Volkers Commercial
Listed by Engel & Volkers Commercial
$4,575,000
95 days on market
Updated 23 days ago

GULF SHORES LAND DEVELOPMENT OPPORTUNITY

Details
APN 66-02-09-3-000-040.000
Property Type Mixed Use, Land
Sub Type Residential, Commercial
Square Footage 165,000
Price per SqFt $28
Price Per Acre $1,207,124
Broker Co-Op False
Stories 1
Acreage 3.790
Zoning BG and R-4: General Business and Residential Multi-family High Density
Investment Type Redevelopment
Ground Lease No
Sale Condition N/A

High Visibility, Rare Offering on Hwy 180

Marketing description

For the first time in the history of this property, it is being offered for sale on the public market, creating a truly unique chance for developers and investors alike. This ±3.79-acre commercial development site represents an extremely rare opportunity to acquire a prime tract in one of the most desirable and rapidly growing areas of Gulf Shores. Positioned with 330 feet of frontage along E Second Street (Hwy 180) and extending 500 feet East between E 15th Avenue and E 16th Avenue, the property offers exceptional visibility and access. The property’s dual access and zoning potential, combined with its strategic location along a major thoroughfare with pedestrian crosswalks, center turn lane, and Northbound right turn lane, make it ideally suited for a variety of uses as it is zoned for both General Business and Residential Multi-family High Density.

The property’s proximity to residential neighborhoods, schools, and recreational amenities further enhances its long-term value and appeal. Opportunities of this caliber, with both location and scale, are increasingly limited in Gulf Shores. This offering presents the ability to create a landmark development in a thriving coastal market. Developers seeking a high-visibility, high-growth site will recognize the strategic advantage this property provides, making this a rare chance to develop a truly special piece of real estate in a premier Gulf Shores location.

Located immediately adjacent to Gulf Shores Middle School to the East and just North of Gulf State Park, the site benefits from strong daily traffic drivers and an exceptional surrounding environment. The existing four cottages, approximately 86 years old, are being considered to hold no contributory value, allowing for a clean redevelopment vision.

With the anticipated increase in traffic resulting from the new Intracoastal Waterway Bridge and the new Pedestrian Walk Bridge just to the North on Hwy 180, this corridor is positioned for significant growth and enhanced accessibility. Additionally, just past Gulf Shores Middle School on E. 15th Street, a new Center for Eco-Tourism is underway, further enhancing the area’s long-term draw and economic activity.

Investment highlights

  • First time On-Market. Rare opportunity for development.
  • Utilities at property.
  • Dual Zoned per City of Gulf Shores: BG - General Business and R-4 - Residential Multi-Family High Density.
  • Ingress/Egress: Center Left turn lanes on E. Second Street.
  • Ingress/Egress: Right turn lane at Northbound on E. Second Street.
  • Pedestrian sidewalks at South border of property.
  • Public street parking at North border of property.
  • Pedestrian crosswalks at NW, SW, and SE corners.
  • Gulf State Park, hiking trails to the South.
  • High traffic roadway. Due to increase with opening of the new Intracoastal Waterway Bridge and new Pedestrian Walk Bridge.

Listing Contacts

JC
AL 163184
Engel & Volkers Commercial
Listed by Engel & Volkers Commercial

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Additional Information

Name
Jason Callaway
License
163184
Brokerage
Engel & Volkers Commercial
Brokerage Phone
2513049520
Title
Commercial Advisor
Brokerage Address
4780 Wharf Parkway East
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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