CORNER DOWNTOWN SUMMERDALE COMMERCIAL LOTS
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: |
30788622 |
| Property Subtypes: |
Hospitality, Office, Retail
|
| Status: |
Pending |
| Gross Land Area: |
0.24 Acres
|
| Sale Price: |
$47,900 |
| Unit Price: |
$199,583 Per Acre |
| Adjacent Parcels Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/14/2024 |
Overview / Comments
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This corner location is full of possibilities, with a total of 216 feet of street frontage on NE First Street for maximum development options. You can have your business and home on the same property. Zoned B1 by the Town of Summerdale, which means that what is built must first be for commercial use, but it also has the option to include a residential component. This will allow for the owner (or a tenant) 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 three lots cannot be separated. (In fact, you can add two more lots that are also for sale by different sellers to add 50 feet on 1st St. for about one third of the block's frontage.) 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 an "alley" access; confirm with the city about how to access the back of the lots, if desired. Exact boundaries are to be confirmed by the buyer or their agent. A copy of the city's development plan can be provided upon request. Call Mary McNair, Broker and listing agent, Realty Advocates LLC, at 251-295-5267 to make an offer.
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Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Taxing Authority: |
Town of Summerdale |
| Tax ID/APN: |
05-48-09-29-3-000-016.000 |
| Zoning: |
B-1 (COMMERCIAL WILL A RESIDENTIAL COMPONENT ALLOWED.) |
| Property Located Between: |
Corner of NE 1st St and E Jackson Ave |
| Property Visibility: |
Excellent |
| Legal Description: |
75' X 141' LOTS 18, 19 AND 20 BLK 9 SUMMERDALE PB MS1 PG21 I N THE CITY OF SUMMERDALE SEC 29-T6S-R4E |
| Feet of Frontage: |
216 |
| Highway Access: |
Close to U.S. Hwy. 59. |
| Site Description: |
Level 3-lot corner commercial parcel. |
| Area Description: |
This property is located across from the downtown park. |
| Lot Frontage: |
75 feet |
| Lot Depth: |
141 feet (side street) |
| Zoning Description: |
B1 is for commercial use, but there can also be an additional residential component. Ask for zoning code details. |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Sewer, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
2,038 |
20,604 |
| Median Age: |
42.7 |
39.76 |
| Households: |
815 |
7,896 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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