Bon Secour Grocery

Retail-Commercial for Sale
Catylist Listing ID: 30024638
Property Subtypes: Convenience Store, Restaurant, Service Station/Gas Station, Tavern/Bar/Nightclub, Other
Building Size (RSF): 8,760 SF
Gross Building Area: See Agent
Gross Land Area: 51,680 SF
Sale Price: $699,000
Unit Price: $79.79 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 8,760 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 3/15/2019

Overview / Comments

Conveniently located commercial strip center with grocery or restaurant (currently vacant) and 2 currently leased spaces- hair salon and trophy retail sales and engraving. Exceptional remodeled building (2008) with central air and heat, security systems. Attached kitchen equipment conveys. Covered rear storage and mechanical, additional vacant land to rear with a privacy fence. Coolers, walk-in freezers, prep room and large public space. Could be a nice grocery or convenience store, or restaurant or retail. Seller would consider leasing the large grocery area which is approximately 80% of the building. The 2008 remodel included plumbing, electrical, roof, walls, pavement. There is a 21'x21' storage room with a roll up door.

Attachments & Media

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 050609
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Located on the corner of County Road 10 and County Road 65
Property Visibility: Excellent
Largest Nearby Street: Highway 59 is about 3 miles to the east
Feet of Frontage: 474
Highway Access: Highway 59 is about 3 miles to the east
Site Description: Very visible corner from County Road 10 and County Road 65. Paved parking lot with the front of building facing County Road 10. Rear covered equipment and storage area. Behind the building is an additional flat grass field for expansion if necessary. Rear fenced.
Area Description: The Bon Secour area is halfway between Foley and Gulf Shores. Many neighborhoods surround this area, and the corner lot is a busy 4-way stop intersection. Bon Secour is home to our area's seafood industry.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1977
Year Renovated: 2008
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Surface parking in front of the building.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Kitchen area is located in the west side. Center of the interior is open, east walls and some of the north wall are lined with new walk-in coolers or freezers. Bathrooms are on the north side. There is a prep room in the central north section that also has access to the 21' x 21' storage room. The office is elevated in the northwest corner.
Lot Frontage: 170
Lot Depth: 304
Water Service: Municipal
Sewer Type: Municipal, Other
Land Ownership: owned fee simple
Legal Description: 170' x 340' metes and bounds, PPIN 046137

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,767 30,164
Median Age: 36.71 40.04
Households: 1,273 12,761
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