Cottage Hill
Retail-Commercial
for Sale
| Catylist Listing ID: |
30869943 |
| Property Subtypes: |
Free-Standing Building
|
| Building Size (RSF): |
9,590 SF
|
| Gross Land Area: |
0.87 Acres
|
| Sale Price: |
$1,800,000 |
| Unit Price: |
$187.70 PSF |
| Property Use Type: |
Net Leased Investment (NNN) |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage, Sale/Leaseback |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
5/3/2024 |
Overview / Comments
Commercial retail strip with 9590 sft of rental space. Property is located in a very busy area of West Mobile at the corner of Cottage Hill and Shillinger Roads.
Currently occupied by three well established tenants.
|
Additional Details
| Nearest MSA: |
Mobile |
| County: |
Mobile |
| Taxing Authority: |
Mobile County |
| Tax ID/APN: |
3401014000002003 |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
General |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Cottage Hill and Schillinger Rd |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
2010 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Exterior Description: |
Brick with stucco border, Covered walkway |
| Parking Type: |
Surface |
| Heat Type: |
Electricity, Hot Water |
| Heat Source: |
Central |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
SEC/TWN/RNG/MER:SEC 01 TWN 5S RNG 3W LOT 2 SCHILLINGER PLACE MBK 74/13 #SEC 01 T5S R3W #MP34 01 01 4 000 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,621 |
51,392 |
116,992 |
| Median Age: |
38.92 |
38.03 |
37.34 |
| Households: |
3,133 |
20,331 |
46,873 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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