R-3 Multi-family

Multi-Family for Sale
Catylist Listing ID: 30779486
Number of Units: 2 Units
Building Size (RSF): 2,700 SF
Gross Land Area: 0.35 Acres
Sale Price: $110,000
Unit Price: $55,000 Per Unit
Property Use Type: Vacant/Owner-User
Building Name: Former Circle K
Usable Size (USF): 2,700 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/19/2024

Overview / Comments

Was formerly 'grandfathered in' as a convenience store. Can not be used as a
c-store so the property loses it's former use variance.
Can only be used for multifamily.
2,700 +/- SF former convenience store on 0.35 +.- acre (100' x 150' x 94' x 180'), zoned R-3.
Located just east of the NE corner of Cottage Hill @ Bel Air Blvd, behind new
Circle K.

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: Mobile Co
Tax ID/APN: R022909303001053
Zoning: R-3
Percent Occupied: 0%
Property Located Between: One property east of Bel Air (Behind Circle K
Side of Street: Northeast
Highway Access: Easy access to I-65
Airports: Mobile
Site Description: Paved parking lot
Area Description: Lots of retail
Total Number of Buildings: 1
Property Condition: Fair
Number of Stories: 1
Zoning Description: R-3
Lot Frontage: 100
Lot Depth: 150
Legal Description: on file

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,078 91,715 183,821
Median Age: 35.57 35.27 36.62
Households: 3,508 37,604 74,674

Contact

Photograph of Listing Agent

Gary Watson, CCIM

Watson Commercial Group, LLC Gulf Coast CMLS Member
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