Mixed Use Building in Atmore

Office for Sale
Catylist Listing ID: 30870341
Property Subtypes: Mixed Use
Building Size (RSF): 5,400 SF
Gross Building Area: See Agent
Sale Price: $344,900
Unit Price: $63.87 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 4/30/2024

Overview / Comments

**With an acceptable offer, seller will offer owner financing. Contact the listing agent for more details. Also with an acceptable offer, seller will buy out the current lease on the space downstairs.** Welcome to this wonderful opportunity to live in the heart historic downtown Atmore. This property creates an opportunity for mixed use and the monthly lease income from the retail shop below helps cover a portion of the monthly mortgage. This wonderful building built in 1905 has stood the test of time and has been tastefully, remodeled and ready for its next chapter. This beautiful home and retail combination features a wonderful balcony that overlooks the downtown area with views in every direction it gives a New Orleans vibe, enjoy a cup of coffee or a book on the open balcony overlooking the city, or have a place for your plants, a cookout and a great spot to entertain guests. This renovated building boast over 5400 sq ft of space. 2400 square-foot of that space is located on the 1st floor for the retail location with an additional 600 ft.² on the main level that can be a workshop or storage area that the owner of the second floor has complete access to. Or you could use this extra space as an office or work out room and it has its own entrance. Upstairs enjoy 2400 ft.² of living space. To help accommodate packages and shopping, there is an elevator that is located in the rear entrance for the home or you can choose to take stairs if you park out on the Main Street. There are also two dedicated parking spaces at the back of the home. Centrally located in downtown Atmore this would be a wonderful location to have a retail business great for clothing store, antique store, Beauty and Nail salon, ice cream shop or hardware store! The possibilities are endless. The retail portion is move in ready and is currently leased. The main home on the second level has been professionally decorated and is in move-in ready condition. Features beautifully painted walls, an open concept, living design with views to the dining room, kitchen, living area. Buyer's agent and Buyer to confirm all information deemed important prior to purchase.

Additional Details

Nearest MSA: Atmore
County: Escambia
Tax ID/APN: 751136261

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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

Devin Schaff

Keller Williams Realty Mobile Gulf Coast CMLS Member
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