Catylist ID:
#30855300
Prime Spot in Orange Beach / Restaurant, Retail, or Office
Retail-Commercial
for Sale
Sale Pending
Also listed as Business Opportunity, Special Purpose
| Catylist Listing ID: | 30855300 |
| Property Subtypes: | Convenience Store, Mixed Use, Restaurant, Retail-Pad, Street Retail, Other |
| Status: | Pending |
| Building Size (RSF): | 2,310 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 4,161 SF |
| Sale Price: | $690,000 |
| Unit Price: | $298.70 PSF |
| Property Use Type: | Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
| Building Name: | TANNIN |
| Usable Size (USF): | 2,310 SF |
| Sale Terms: | Cash to Seller, Purchase Money Mortgage |
| Cap Rate: | Undisclosed |
| Average Occupancy Rate: | 100 |
| Last Updated: | 9/25/2023 |
Overview / Comments
|
Great New Retail 2310 SF on Perdido Beach Blvd on one of the front parcels of Tannin facing South and West. Appr. 30' X 77' space with high ceilings and glass front with doors in the front and two side doors with glass panels facing West. A pond is in the back of the property. Good signage availability on the building with great visibility from the street. Plenty of parking space all around the building. Great for restaurants or retailers. 20 yr. TPO membrane roof Synthetic Stucco over block exterior Needs a bathroom and HVAC |
Attachments & Media
Additional Details
| Nearest MSA: | Daphne-Fairhope-Foley |
| County: | Baldwin |
| Taxing Authority: | Orange Beach |
| Tax ID/APN: | 05-66-06-13-3-001-002.021 |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation, Convention |
| Property Located Between: | Hwy 161 and Hwy 59 |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Perdido Beach Blvd |
| Feet of Frontage: | 404 |
| Traffic/Vehicle Count: | 15,000 |
| Highway Access: | Perdido Beach Blvd |
| Airports: | Gulf Shores/ Pensacola |
| Site Description: | Four Unit building comprised of three downstairs suites on west front parcel of Tannin. |
| Area Description: | Across from Phoenix West 2 (appr. 354 units) and other single family with Tannin development behind commercial property. |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 2,310 SF |
| Property Condition: | Excellent |
| Year Built: | 2020 |
| Roof Type: | Flat |
| Construction/Siding: | Stucco |
| Exterior Description: | Glass front with white stucco exterior |
| Total Parking Spaces: | 122 |
| Parking Type: | Surface |
| Parking Description: | Surface parking around property |
| Heat Type: | Electricity |
| Heat Source: | Heat Pump |
| Internet Access: | Cable |
| Interior Description: | 30'x70' |
| Zoning Description: | PUD |
| Part of Planned Development?: | Yes |
| Lot Frontage: | 40.4 |
| Lot Depth: | 93.2 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Other |
| Legal Description: | 40.4' X 93.2' IRR LOT 2 VILLAGE OF TANNIN TOWN CENTER SLIDE 1785-A IN THE CITY OF ORANGE BEACH SEC 13-T9S-R4E (WD) |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 6,174 | 14,508 |
| Median Age: | 38.59 | 39.7 |
| Households: | 2,727 | 6,396 |
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