Downtown Fairhope Commercial Space

Retail-Commercial for Sale
Catylist Listing ID: 30036375
Property Subtypes: Retail-Pad, Other
Building Size (RSF): 2,600 SF
Gross Building Area: See Agent
Sale Price: $895,000
Unit Price: $344.23 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/24/2017

Overview / Comments

Location Location. This building is on the corner of Section St and Fairhope Ave. Great investment opportunity in Downtown Fairhope. there is on street parking as well the public lot behind the building. This building has a NNN lease and ready for the new investor.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 095462
Retail Clientele: General, Business, Tourist
Property Visibility: Excellent
Largest Nearby Street: Fairhope Ave.
Area Description: This building is located in the heart of downtown Fairhope at the corner of Fairhope Ave and Section St.
Tenancy: Single Tenant
Property Condition: Good
Internet Access: Cable, Other
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 42.8' x 56' IRR "PAR B" WERNET HS SUB SLIDE 2352-C

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,575 13,274 31,182
Median Age: 51.69 46.47 43.16
Households: 2,707 5,981 12,679

Contact

Photograph of Listing Agent

Morgan Ashurst

Ashurst & Niemeyer Gulf Coast CMLS Member

Source

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