Free Standing Building, Mixed Retail/Commercial, 100% Leased

Retail-Commercial for Sale
Catylist Listing ID: 30504221
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 7,700 SF
Gross Land Area: 0.50 Acres
Sale Price: $375,000
Unit Price: $48.70 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 10.0%
Last Updated: 4/7/2021

Overview / Comments

This Free-Standing Building for Mixed Retail/Commercial Use is For Lease/Sale. Great investment opportunity as this building is 100% leased!

Ideal for professional office users.

Excellent location near high income neighborhoods.

Located on a cul-de-sac off Hillcrest Rd.

Zoned B- 3.

Ample Parking.

Financials available upon request.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: R022809294000022.008.
Zoning: B-3
Retail Clientele: Business
Property Located Between: Airport Blvd & Grelot Rd.
Property Visibility: Good
Largest Nearby Street: Hillcrest Rd.
Area Description: Retail, Residential, Restaurants, Churches
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,540 SF
Property Condition: Good
Roof Type: Flat
Construction/Siding: Stucco
Total Parking Spaces: 20
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Business Cul-desac
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,515 75,528 149,926
Median Age: 35.91 37.93 36.73
Households: 6,555 31,713 60,598


Photograph of Listing Agent

John M. Delchamps

Merrill P. Thomas Co, Inc. Gulf Coast CMLS Member
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