Ideal Corner Site on Springhill Ave 59,000+ - SF

Retail-Commercial for Sale
Catylist Listing ID: 30533070
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related, Other
Building Status: Proposed
Building Size (RSF): 59,000 SF
Gross Building Area: See Agent
Gross Land Area: 59,000 SF
Sale Price: $699,000
Unit Price: $11.85 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 5/16/2024

Overview / Comments

Corner site 59,000+- SF on Springhill Ave in the Crichton area. Ideal for retail, fast-food, auto parts store, etc.

Potential for a 1031 Exchange prospect.

Currently has 4 houses, fully leased on the site.

Property is zoned B-3.

Owner will build to suit for qualified prospect.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: R022908181003089.01
Zoning: B3
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Bayshore Ave.
Feet of Frontage: 160
Highway Access: 1 mile from I-65
Site Description: Flat
Zoning Description: B-3 Commercial
Lot Frontage: 160
Lot Depth: 355
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,401 92,544 168,298
Median Age: 37.47 35.61 36.24
Households: 4,031 37,633 67,275


Photograph of Listing Agent

Michael F Reid

Merrill P. Thomas Co, Inc. Gulf Coast CMLS Member
Photograph of Listing Agent

John M. Delchamps

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