13,878 SF Commercial Building in Fairhope

Industrial for Sale
Catylist Listing ID: 30647094
Property Subtypes: Flex Space, Manufacturing, Mixed Use, Office Showroom, Warehouse/Distribution
Building Size (RSF): 13,878 SF
Gross Building Area: See Agent
Sale Price: $1,500,000
Unit Price: $108.08 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/3/2020

Overview / Comments

Centrally located in Fairhope, west of Greeno Road, this property boasts two buildings. The front building has 7592 SF total; 5182 SF of office space, 2409 SF of open bay space, (2) 16' H x 14' W roll up doors, 5 full bathrooms with stand up showers, 3 half bathrooms, a full kitchen, fiber optic lines, wired for a generator, and on city water, but has a back up well.
The back building has 6286 SF total; 1100 SF of office space, 4300 SF of open bay space, and 886 SF of storage space, (2) 16' H x 14' W roll up doors, 1 full bathroom with stand up showers, 2 half bathrooms.
The back building is currently leased for 3 years (with a 3 year option) for $3600 a month. There are $1675 a month in additional leases from the front building.
Combined 1000 AMP service, 30 parking spots, zoned M-1.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Fairhope
Tax ID/APN: 05-46-04-20-1-000-042.005

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,712 15,768 32,263
Median Age: 43.94 46.16 43.2
Households: 2,486 6,971 13,110


© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.