Former Commonwealth National Bank Branch

Expired Office for Sale
Catylist Listing ID: 30434613
Property Subtypes: Governmental, High-Tech, Institutional, Medical, Mixed Use, Flex Space, Office Building, Other
Status: Pending
Building Size (RSF): 5,416 SF
Gross Building Area: See Agent
Gross Land Area: 20,700 SF
Sale Price: $140,000
Unit Price: $25.85 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Commonwealth National Bank
Class of Space: Class C
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 2/28/2021

Overview / Comments

Great Opportunity to acquire the former CommonWealth National Bank Branch with ample parking near a busy Highway intersection and I-65. The building itself is in fairly good condition and totals approximately 5,416 ± square feet along with drive through teller lanes. The total site is 20,700 ± square feet. It features large lobby, several offices, kitchen break room, four restrooms and huge storage areas.

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: Mobile County Revenue, City of Prichard
Tax ID/APN: R022208440017201.
Zoning: B-2
Property Located Between: Wilson Avenue
Property Visibility: Excellent
Highway Access: .25 Miles from I-65
Airports: 9 Miles,Brookley Field Airport
Area Description: The subject is located in the City of Prichard on Wilson Ave/Hwy 43. Wilson Avenue is a major north and south thoroughfare. The surrounding property uses include a mixture of retail, office with scattered residential neighborhoods.
Total Number of Buildings: 3
Number of Stories: 1
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 35
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: Zoned B-2 Possible usage, Bank, Medical office, Law office, Church, Club or lodge, School, Studio for dance, painting, photography or painting. Retail: bakery, cafe, catering shop, drug store, hardware store, ice cream parlor and etc.
Lot Frontage: 159'Ft
Lot Depth: 156'Ft
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: LOTS 19 & 20 BLK 1 EDGEWOOD 3RD ADD TO CHICKASAW DBK 156 PG 208 #SEC 44 T3S R1W #MP22 08 44 0 017 LOT 18 BLK 1 EDGEWOOD ADD 3 TO CHICKASAW DBK 156 P 208-9 #SEC 44 T3S R1W #MP22 08 44 0 017The

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,328 42,643 113,216
Median Age: 36.97 38.28 36.89
Households: 3,134 16,572 44,997


Photograph of Listing Agent

Timothy L Mills

The Cummings Company
Gulf Coast CMLS Member
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