Commercial building

Retail-Commercial for Sale
Catylist Listing ID: 30011331
Property Subtypes: Day Care Facility, Free-Standing Building, Garden Center, Restaurant, Retail-Pad, Street Retail
Building Size (RSF): 10,000 SF
Gross Land Area: 0.12 Acres
Sale Price: $179,000
Unit Price: $17.90 PSF
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User, Business
Usable Size (USF): 5,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/12/2018

Overview / Comments

One of Atmore's most Historic Buildings and considered a corner stone of the 100 block of North Main St. This is a two story building with first floor currently divided into 4 separate rental spaces. The second floor has been gutted and is ready for remodeling to your specification which could be office or retail. Current zoning allows for residential use on the second floor as well. 50'x105' lot.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $493 (Annual)

Additional Details

Nearest MSA: Mobile
County: Escambia
Taxing Authority: Escambia Co. AL
Tax ID/APN: 26-09-29-2-09-010.000
Zoning: B-2 GENERAL BUSINESS
Retail Clientele: General, Family, Business
Property Located Between: US Hwy 31 and State Hwy 21
Property Visibility: Excellent
Largest Nearby Street: State Hwy 21
Feet of Frontage: 50
Traffic/Vehicle Count: 10,000
Highway Access: Located on corner of State Hwy 21 and US Hwy 31. Aprpox. 6 miles to I-65.
Airports: Atmore Municipal Airport (approx. 3 miles from property)
Site Description: An anchor site/building on a corner lot , in Historic Downtown Atmore, AL. Building is flanked by retail, professional office space, and salon/ barber shops with alley access to additional off street parking.
Area Description: Property is located in the "Heart of Downtown Atmore" along North Main st. where there is high traffic volume and high visibility. Property located on a corner where AL State Hwy 21 and US Hwy 31 intersect and is across the street from the CSX Rail Lines.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Typical SF / Floor: 5,000 SF
Property Condition: Average
Year Built: 1920
Year Renovated: 2010
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick Building,
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Internet Access: DSL, Satellite
Interior Description: This is a two story building with first floor currently divided into 4 separate rental spaces. The second floor has been gutted and is ready for remodeling to your specification which could be office or retail. Current zoning allows for residential use on the second floor as well..
Zoning Description: B-2. General Commercial / retail
Lot Frontage: 50
Lot Depth: 105
Water Service: Municipal
Sewer Type: Municipal
Legal Description: In file

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,712 7,118 10,705
Median Age: 35.24 36.8 37.81
Households: 1,115 2,921 4,301

Contact

Photograph of Listing Agent

Debbie Rowell

Southern Real Estate Gulf Coast CMLS Member
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