Industrial Investment Property In The Heart of Fairhope
Industrial
for Sale
| Catylist Listing ID: |
30853280 |
| Property Subtypes: |
Manufacturing, Mixed Use, Light Industrial, Net Leased, Office Showroom, Warehouse/Distribution
|
| Building Size (RSF): |
13,877 SF
|
| Gross Land Area: |
28,180 SF
|
| Sale Price: |
$1,875,000 |
| Unit Price: |
$135.12 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
BES |
| Sale Terms: |
Sale/Leaseback |
| Last Updated: |
4/26/2024 |
Overview / Comments
Great investment opportunity in the heart of Fairhope. Two buildings on property.
Back building has a total of 6286 sq ft; 4300 SF of open warehouse, 1,100 SF of office (5 offices, 3 bathrooms, and a conference room), and 886 SF of mezzanine storage space. Existing tenant in place that just finished a 3 year initial term and just exercised the 1st of two, two year options. The front building (totaling 7591 SF) consists of 2409 SF of warehouse in the center with 2 roll up doors, and 2591 SF of office space on each end of the building (2 floors). There are 4 short term, furnished rentals spaces (each with a full bathroom) on site. There are multiple other tenants on site occupying individual office suites. Current owner will entertain a lease back. Property is zoned M1. Owner collects all rents and manages tenant activity on their own.
|
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Taxing Authority: |
Fairhope |
| Tax ID/APN: |
05-46-04-20-1-000-042.005 |
| Zoning: |
M1 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,712 |
15,768 |
32,263 |
| Median Age: |
43.94 |
46.16 |
43.2 |
| Households: |
2,486 |
6,971 |
13,110 |
|
© Copyright 2024 Moody's. All Rights Reserved.
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.
|
