Large Warehousing with offices

Retail-Commercial for Sale
Catylist Listing ID: 30842941
Property Subtypes: Free-Standing Building, Vehicle Related
Building Size (RSF): 23,123 SF
Sale Price: $1,968,600
Unit Price: $85.14 PSF
Ceiling: 36 ft.
Property Use Type: Business
Usable Size (USF): 23,123 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 5/10/2024

Overview / Comments

Great opportunity to purchase office and warehousing space. This flexible property consist of three main structures. The first of which consist of a 7303 sq. feet of open space with attached offices and multiple bathrooms. The open span space has an upstairs with storage and soaring 36'high ceilings. With a 14 foot roll up door, newly epoxied flooring, a new roof, freshly painted interior and new HVAC system it's a fantastic space for so many uses. Additionally the back building has an open span and 8320 sq. feet of warehousing that includes upstairs offices and a downstairs breakroom/kitchen. It also has a 14' roll up door and 21' of height in the center of the building. The roof on this building has been coated and re-screwed recently. HVAC in the office area in this building are new. The third building was finished last year. It's a 7500 sq. foot metal building with open span and two roll up doors along with pedestrian doors. The center height is 23' and it's fully insulated and heated and cooled. This entire property has been renovated and updated. The seller will lease back a portion of it until their new building is completed, so there is immediate income for the buyer. Here are some additional items to note: New vinyl flooring in the offices; Parking and all asphalt has been redone and relined to meet code including required ADA spaces; Fresh exterior paint on all buildings except Brand new metal building in front; dedicated high speed fiber run to the property and managed by Unity fiber; internal and external servitude cameras hardwired with remote access, keyless security entry, and new sod and landscaping.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-48-03-06-2-003-015.000
Zoning: MU-MIXED USE DISTRICT (MU)
Retail Clientele: General, Business, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: State Highway 59
Highway Access: I-10 is approximately 5 miles north.
Airports: Pensacola & Mobile
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 2
Typical SF / Floor: 23,123 SF
Property Condition: Excellent
Year Built: 1975
Roof Type: Gable
Construction/Siding: Aluminum Siding
Total Parking Spaces: 65
Parking Type: Surface
Parking Description: Ground and asphault
Heat Type: Electricity
Heat Source: Central
Internet Access: Fiber Optic
Zoning Description: Mixed Use District (MU). The purpose of the MU zoning district is to create opportunities within the City to provide for a compatible mix of land uses, including residential, retail, and offices.
Lot Frontage: 300 Ft
Lot Depth: 141 Ft
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lots 1-6 Blk 23 2nd Addn To The Town Of Robertsd Ale

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 10,663 20,677
Median Age: 34.32 36.37
Households: 3,984 7,519

Contact

Photograph of Listing Agent

David Kahalley

Shamrock Properties Gulf Coast CMLS Member
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