Cotton City Antique Mall

Retail-Commercial for Sale
Also listed as Business Opportunity, Industrial
Catylist Listing ID: 30631065
Property Subtypes: Free-Standing Building, Mixed Use, Movie Theatre, Retail-Pad, Other
Building Size (RSF): 12,864 SF
Gross Building Area: See Agent
Gross Land Area: 0.51 Acres
Sale Price: $475,000
Unit Price: $36.92 PSF
Property Use Type: Investment, Business
Building Name: Cotton City Antique Mall
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2020

Overview / Comments

Cotton City Antique Mall property located at The Loop has a lot of history at this midtown location. It was originally built in the 1930's as the Azalea Theatre. The second floor still contains the original projection room overlooking what had been the seating area. The building was then used as a bowling alley and then a skating rink before becoming the antique mall. A new buyer has the option to take over and maintain the current business or rehab the building for a new use which could be warehouse, other retail or possibly multi-family.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: R022910213000057.
Zoning: B-3 AND R-1
Retail Clientele: General, Family, Traveler, Tourist, Other
Property Located Between: Airport Blvd & Myrtle Ave
Property Visibility: Excellent
Largest Nearby Street: Airport Blvd
Feet of Frontage: 250
Airports: Mobile Regional and Brookley
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Fair
Roof Type: Other
Total Parking Spaces: 31
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Split zoning with building on B-3 and parking lot on R-1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,875 85,836 147,359
Median Age: 36.12 35.63 36.4
Households: 5,431 34,924 58,817

Contact

Photograph of Listing Agent

Sharon R. Wright, CCIM

White-Spunner Realty Gulf Coast CMLS Member
Photograph of Listing Agent

Chris Harle

White-Spunner Realty
Gulf Coast CMLS Member
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