This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
$1,495,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
Property Description
Welcome to this rare opportunity to purchase a large historic building, beautifully preserved in the heart of downtown Foley, and just a block from Highway 59. Parts of this building were built in 1912 and have served the town of Foley for many years as various different venues. Since 1984, this housed the Gift Horse restaurant and events venue. Over the years, this property has served thousands of local residents and visitors. Now this building is ready for its next chapter. This building is still set up as a restaurant and an event venue. This building features over a 12,000 ft.². per seller. It would be an excellent opportunity for a second generation restaurant as the majority of the kitchen equipments will remain and some of the equipments, including ovens and stoves, have been replaced within the last year. Additional recent updates to the property include an air conditioner, water heater, and some flooring in the bathrooms. The property features two distinct entrances so you could have multiple events going on at the same time. The property features pine beaded board walls and beautiful stained glass and leaded glass windows throughout as well as stunning chandeliers and a warm inviting fireplace. There is ample parking in the front along the adjoining side streets to accommodate visitors and guests. Separate parking in the back for employees. In addition, Seller is willing to leave tables and chairs and some additional furniture. No antiques are included in the sale and will be removed prior to possession. Please note you are purchasing the building and not the business. Come see this beautiful property before it gets away. Property will be SOLD AS IS. Buyer to confirm square footage and perform all inspections and due diligence prior to purchase. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 209 W Laurel Ave
General
- Price: $1,495,000
- Status: Active
- Type: Single Family
- Source: 934
- MLS ID: 399731
- Updated: Today (7/21/2026)
- Added to Site: Today
Interior
- Appliances: Gas Water Heater
Rooms
Other Rooms
- Kitchen: Full Kitchen
- Dining Room: See Remarks
Parking
- Parking Features: Lot (1-10 spaces)
Location
- County: Baldwin County
- Subdivision: AL
- Driving Directions: From Hwy 59 west on Hwy 98 1 Block Down on left.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- # Buildings: 2
- Exterior Const.: Wood Siding
- Building Size: 12000
- Square Feet: 12,000
- Sq. Ft. Source: Seller
- Year Built: 1912
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.322
- Lot Size (Sq. Ft.): 14,026.32
- Lot Dimensions: 100 x 140 x 100 x 140
- Frontage: City Street
- Frontage Feet: 100 ft
- Lot Features: Level
- Zoning: Business/Commercial
Disclosures and Reports
- Legal Description: 100 X 140 FOLEY BLK 15 LOTS 9 & 10 MB1 PG25 SEC 29-T7S-R4E EXEMPT CODE RESTAURANT
- Property ID: 5409294401041
- Block: 9 & 10
- Lot Number: 9 & 10
Listed by Keller Williams - Mobile
Get Pre-Approved Today
Schools
Schools serving 209 W Laurel Ave
School District:Baldwin County School District
| Name | Grades | Distance |
|---|---|---|
Foley Elementary School 450 North Cedar Street, Foley, AL 36535 | K-6 | 0.4 mi |
Foley Middle School 200 North Oak Street, Foley, AL 36535 | 7-8 | 0.2 mi |
Foley High School 1 Pride Place, Foley, AL 36535 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 209 W Laurel Ave
Date
Details
Price
Change
Source
7/21/2026
Listed
$1,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 209 W Laurel Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,228
—
$97,820
—
2024
$3,214
11%
$97,400
11%
2023
$2,894
14%
$87,700
14%
2022
$2,529
16%
$76,640
16%
2021
$2,171
—
$65,800
5%
2021
$2,171
-54%
$62,440
-56%
2019
$4,731
1%
$143,360
1%
2018
$4,698
—
$142,360
—
2017
$4,713
—
$142,820
—
2016
$4,713
7%
$142,820
7%
2015
$4,424
—
$134,060
—
2014
$4,424
—
$134,060
—
2013
$4,424
—
$134,060
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 209 W Laurel Ave
209 W Laurel Avenue, Foley, AL 36535 (MLS# 399731) is a Single Family property with 0 bedrooms and 0 full bathrooms. 209 W Laurel Avenue is currently listed for $1,495,000 and was received on July 21, 2026. Want to learn more about 209 W Laurel Avenue? Do you have questions about finding other Single Family real estate for sale in Foley? You can browse all Foley real estate or contact a Coldwell Banker agent to request more information.

