Downtown Fairhope Building

Retail-Commercial for Sale
Catylist Listing ID: 30618318
Property Subtypes: Restaurant, Street Retail
Building Size (RSF): 1,649 SF
Gross Building Area: See Agent
Sale Price: $895,000
Unit Price: $542.75 PSF
Property Use Type: Business
Usable Size (USF): 1,649 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2020

Overview / Comments

Fantastic opportunity to own a building in downtown Fairhope Business District. Excellent location in the center of town on Fairhope Avenue. Currently used as a restaurant. New roof in 2020. Heat and cool units are 1 and 2 years old. Fresh paint inside. Possible leaseback by sellers if buyer is interested. Contact Randy Branch 251-680-6096 for details.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-46-03-37-0-602-002.508
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention
Property Located Between: Section Street and Church Street
Property Visibility: Excellent
Largest Nearby Street: Section Street
Feet of Frontage: 17
Property Condition: Good
Roof Type: Flat
Parking Type: Other
Parking Description: Street and parking lots
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 17' X 98' FM NW COR LOT 1 BLK 12 DIV 1 RUN E 312.10' TO POB CONT E 17', TH S 98', TH W 17', TH N 98' TO POB IN THE CITY OF FAIRHOPE GR SEC 37-T6S-R2E (WB0S-LEASE) IN#1533646

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,575 13,274 31,182
Median Age: 51.69 46.47 43.16
Households: 2,707 5,981 12,679

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