110+- FRONTAGE- HWY 59 S.-GULF SHORES PARKWAY-BEACH BAZAAR

Retail-Commercial for Sale
Catylist Listing ID: 30162231
Property Subtypes: Free-Standing Building, Retail-Pad, Other
Building Size (RSF): 6,340 SF
Gross Building Area: See Agent
Sale Price: $999,000
Unit Price: $157.57 PSF
Property Use Type: Investment, Business
Building Name: BEACH BAZAAR
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 1/8/2018

Overview / Comments

Excellent visibility–-Location, Location minutes from the Gulf of Mexico, close to everything! This property is a landmark for over 45 years, the building was renovated with electrical, plumbing and a roof in 2004. This is the home for Beach Bazaar a 40+ year successful business approximately 6340 sq.ft. +- with lots of storage. Don't miss this one, if building is removed zoned for 6 stories in height= 21 units Possibilities are endless, Restaurants, Arcade, Retail etc... Turn Key business can be sold for $1,200,000.00, including all fixtures and inventory- Lot size is 110+-x166.43-PLEASE NOTE THE REVISED SURVEY UNDER DOCUMENTS

Buyer and Buyer's agent to verify measurements

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-66-04-20-1-000-004.000
Zoning: BT-1 NORTH
Retail Clientele: General, Business
Property Located Between: Mud Bugs and Pizza Hut
Property Visibility: Excellent
Largest Nearby Street: GULF SHORES PARKWAY
Feet of Frontage: 110
Airports: JACK EDWARDS AIRPORT, GULF SHORES AL
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Average
Year Built: 1972
Year Renovated: 2004
Total Parking Spaces: 16
Parking Type: Surface
Heat Type: Electricity
Zoning Description: AS PER CITY OF GULF SHORES: LOT SIZE=13,218, SETBACKS 20' FRONT AND REAR-SIDE YARDS 10'-BUILDING HEIGHT=6 STORIES-DENSITY =21 UNITS PER ACRE-BUILDING COVERAGE=65%/IMPERVIOUS COVERAGE= 70% COVERAGE-FLOOR AREA RATIO=100%
Lot Frontage: 98'
Lot Depth: 166.43
Water Service: Municipal
Sewer Type: Municipal
Easements Description: EASEMENT OWNED BY BEACH BAZAAR AS PER SURVEY
Legal Description: PPIN #046426

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,630 12,457
Median Age: 43.29 40.38
Households: 1,659 5,545

Contact

Photograph of Listing Agent

Kim Ward

Kim Ward Realty
Gulf Coast CMLS Member
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