Listing provided courtesy of Reynolds Real EstateMLS# 396780MLS ProviderContact Information: Main: 251-236-4705
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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.

Source: Baldwin MLS, MLS#: 396780

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  • Property Type
    Commercial Sale
  • Lot
    0.60 acres

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Vince and Ellen Emmons

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 303 Palafox Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/19/2026Source: Baldwin MLS Added to Database
May 19, 2026