Corner of Mobile Street and Old Shell Road

Retail-Commercial for Sale
Catylist Listing ID: 30273600
Property Subtypes: Free-Standing Building, Retail-Pad, Vehicle Related, Other
Building Size (RSF): 1,316 SF
Gross Building Area: See Agent
Gross Land Area: 13,262 SF
Sale Price: $250,000
Unit Price: $189.97 PSF
Property Use Type: Investment, Business
Building Name: Rainwater Radiator
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/5/2018

Overview / Comments

Prime corner directly across from UMS-Wright School, two blocks from the new Publix Midtown. Corner of Old Shell and Mobile St. Business is currently open. Do not visit property without appointment. Excellent opportunity to invest in this growing area. Numerous developements underway in surrounding area.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: R-29-07-23-0-003-356
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Largest Nearby Street: old shell
Feet of Frontage: 119
Area Description: Surrounding area of mixed use property including residential and retail, service industry and UMS Wright school.
Number of Stories: 1
Zoning Description: B2
Legal Description: THAT PORTION OF LOT 1 & LOT 63 MECHEM & BIXLERS SUBDIV OF LOTS 9, 10, 11 BLK 7 MURRELL TRACT SAID SUBDIV KNOWN AS TACON DBK 116 N S P 242 DESC AS BEG AT NW COR LOT 1 RUN TH ELY ALG N/L LOTS 1 & 63, 120.30 FT TO NE COR OF LOT 63 TH ALG E/L LINE LOT 63 RUN SLY 100 FT TO PT 50 FT NLY FROM SE COR LOT 63 TH RUN WLY & PAR WITH S/L LOTS 1 & 63 DIS OF 107.9 FT TO PT ON W/L LOT 1 TH ALG W/L LOT 1 RUN NLY 145 FT TO POB BEING ALL LTS 1 & 63 EXCEPT S 50 FT OF EACH LOT #SEC 23 T4S R1W #MP29 07 23 0 003

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,640 90,780 172,060
Median Age: 37.16 35.35 36.35
Households: 5,621 36,859 68,810

Contact

Photograph of Listing Agent

Hubert Cain, Jr.

Cain Real Estate Gulf Coast CMLS Member
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