20730 State Highway 181

Retail-Commercial for Sale
Catylist Listing ID: 30151326
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Other
Building Size (RSF): 8,800 SF
Gross Land Area: 1.50 Acres
Sale Price: $650,000
Unit Price: $73.86 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 12/4/2017

Overview / Comments

Huge income potential opportunity! Close to the corner of Fairhope Avenue and State Highway 181, this building is a great location with 7 income producing units, in a highly desirable and high traffic area of Fairhope.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 05-46-06-14-0-000-001.567
Retail Clientele: General, Family, Business, Tourist, Other
Property Visibility: Excellent
Largest Nearby Street: Highway 181
Feet of Frontage: 202
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1994
Roof Type: Flat
Construction/Siding: Metal Siding
Total Parking Spaces: 20
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Lot Frontage: 202 feet
Lot Depth: 309 feet
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 201.7 X 309.3 IRR LOT 1 LESS THE N 100 BLUEBERRY ORCHARD UNIT 4 SLIDE 1304-B SEC 14-T6S-R2E (AUCT BOS) LEASE-IN#12802 93

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 17,222 39,322
Median Age: 43.75 43.15
Households: 7,287 15,598


Photograph of Listing Agent

Patrick Daily

Re/Max of Orange Beach Gulf Coast CMLS Member
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