Business/Residential Combo Lot in Downtown Summerdale

Vacant Land for Sale
Catylist Listing ID: 30771057
Property Subtypes: Hospitality, Office, Residential (Single Family), Retail
Gross Land Area: 0.17 Acres
Sale Price: $27,900
Unit Price: $164,117 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 1/15/2022

Overview / Comments

You can have your business and home on the same property. This property is zoned B1 by the City of Summerdale, which means that what is built must be for commercial use, but it also has the option to also include a residential component in a second story. This will allow for the owner to go back to the way a lot of downtowns were developed when the business owners lived above or behind their businesses. The structure can be two stories, but plans would be submitted for approval based on desired overall usage plans. (See the attached city zoning ordinances, Section 606 starting at the bottom of page 43, for a full description of the use rules for this zone.) The two lots cannot be separated. According to city staff, setbacks are 20 feet in the front, 25 feet in the back and at least five feet on the sides per fire code. Although not developed, the city plat also shows "alley" access; confirm with the city about how to access the back of the property, if desired. Exact boundaries are to be confirmed by the buyer or their agent. Call Mary McNair, Broker and Listing Agent with Realty Advocates LLC at 251-295-5267 for more details and to prepare an offer. (DIRECTIONS: Located in downtown Summerdale across from the park on NE 1st Street close to the intersection with E. Jackson Avenue. Use 106 NE 1st St. for GPS; lots are to the north of the Summerdale Alumni Association office.)

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Town of Summerdale
Tax ID/APN: PPIN 28500, 05-48-09-29-3-000-017.000
Zoning: B1
Property Located Between: Located in downtown Summerdale across from the park on NE 1st Street close to the intersection with E. Jackson Ave. (Use 106 NE 1st St. for GPS; lots are to the north of the Summerdale Alumni Association office.)
Property Visibility: Excellent
Legal Description: SUMMERDALE LOT 16,17 BLK 9 PB 1 PG 21
Largest Nearby Street: E Jackson Ave
Feet of Frontage: 50
Site Description: Downtown commercial lot zoned B1, with option for a residential component on the second floor.
Area Description: Downtown Summerdale across the street from city park.
Lot Frontage: 50
Lot Depth: 145
Zoning Description: Summerdale B1 (Business with a residential component option.)
Topography: Level
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Other

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,038 20,604
Median Age: 42.7 39.76
Households: 815 7,896

Contact

Photograph of Listing Agent

Mary McNair

Realty Advocates, LLC Gulf Coast CMLS Member
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