Multi Use Office/Warehouse, Industrial, Manufacturing

Industrial for Sale
Catylist Listing ID: 30200540
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 7,292 SF
Gross Land Area: 2.74 Acres
Sale Price: $385,000
Unit Price: $52.80 PSF
Docks/Doors: 1 Dock, 2 Doors
Property Use Type: Vacant/Owner-User
Building Name: 40170 AL-Hwy 59 Bay Minette, Al
Usable Size (USF): 7,292 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/13/2018

Overview / Comments

This is a very nice and versatile property located at 40170 St Hwy 59, Bay Minette, AL.The Property is located on AL-59 approximately 11 1/2 miles north from the Loxley Exit (Exit 44) on I-10 and sits on the east (right) side of the road. Traveling south from I-65 Exit 37 and continuing south through Bay Minette on AL-59 the property is approximately 11 miles and sits on the east (left) side of the road. There is a chain link fence with rolling gate across the front of the property.

The original building was constructed in 1987 with an addition to the back side of the building later. The total building consists of 7292 sq ft. The building received a new paint job approximately one year ago. The Building is in very nice condition. The office area consists of the following spaces:
1. Entry Lobby Size 8 x 19
2. Reception Area Size 9 x 24.
3. Reception Area Office Size 9 x 10.
4. Executive Office Size 13 x 23.
5. Main Hall From Front Size 8 x 24.
6. Office 1 off Main Hall Size 15 x 11
7. Office 2 off Main Hall Size 15 x 11.
8. Back Hall Size 10 x 24.
9. Back Corner Office Size 10 x 8.
10. Kitchen/Break Room Size 10 x 10.
11. Hall Bath Size 8 x 4 1/2.
12. Rear Hall Size 4 x 16.
13. Closet Size 1 1/2 x 7.
14. Bath #2 Size 4 1/2 x 8 1/2, includes Hot Water Heater and Mud Sink.
15. Rear Bath w/Shower Size 8 x 9.
16. Conference Room w/Cabinets Size 15 x 21 1/2 plus 6 1/2 x 9.
17. Hall to Warehouse Size 4 x 30.
18. Office #1 off Warehouse Hall Size 10 x 9.
19. Office #2 off Warehouse Hall Size 10 x 9.
20 Office #3 off Warehouse Hall Size 16 x 9.
21. Office/Meeting Room off Warehouse Hall Size 16 x 13, Cabinets & Sink
22. Warehouse Office Size 10 x 9.
23. Main Warehouse Size 3000 Sq Ft and includes a 16 Wide x 10 Roll Up Door.
24. Rear Warehouse Size 16 x 43 and includes 10 Wide x 8 Roll Up Door.
25. Large Loading Dock on North Side and accomodates 18 Wheelers.

The Lot has 400 feet fronting on AL Hwy 59. There is abundant gravel surfaced parking in front of the building. There is a concrete walk across the front of the building. The building has a very nice front facade and entrance. The Building is move in ready. The previous occupaant used DirecTV. Fiber optic cable is run to the building.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: 02H, Baldwin County, Bay Minette, Alabama
Tax ID/APN: 28-02-04-0-000-011.001
Zoning: UNZONED, OUT SIDE COPORATE LIMITS
Property Located Between: The Building is located a few miles south of Bay Minette and is midway between I-10 Exit 44 and I-65 Exit 37.
Highway Access: The Building fronts Hwy 59 and has 400 feet road frontage. The Property is 11 miles north of I-10 at Exit 44 and 11 1/2 miles south of I-65 at Exit 37.
Airports: Mobile Regional Airport, Pensacola Regional Airport
Site Description: This is a great lot consisting of 2.74 acres. The lot does drop off on the back side to the rear of the building. There is a slag or gravel surface for parking and to accommodate 18 wheelers to get to the loading dock on the left side of the building.
Area Description: This generally is a rural part of Baldwin County. The property is just a few miles south of Bay Minette, the county seat of Baldwin County.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1987
Roof Type: Gable
Construction/Siding: Metal Siding, Steel Frame
Exterior Description: The Building is a steel building in very nice condition and it has a very attractive store front.
Parking Type: Surface
Parking Description: There is abundant surface parking across the front of the building.
Overhead Cranes: Undisclosed
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Lighting: Fluorescent
Internet Access: Satellite
Lot Frontage: 400
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Deeded
Legal Description: Parcel # 1, 260' X 400' COM AT THE SE COR OF SEC 4 RUN TH W 669.4', TH N 908.9' FOR POB TH RUN W 175'(S), TO W/L OF HWY 31, TH NW'LY 400', TH E 245'(S), TH SE 198.9', TH S 180'(S) TO POB CONTA INING 2.4 ACRES LYING IN SE1/4 SEC 4-T3S-R3E (WD) Parcel # 2, 100' X 405'(S) FM THE SE COR OF SEC 4 RUN TH W 430'(S), TH N W 970'(S) TO POB TH CONT NW 405'(S), TH W 100', TH SE 960'(S ), TH E 100' TO POB LYING IN SE1/4 OF SEC 4-TT3S-R3E (WD)

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,656 10,360
Median Age: 35.07 34.91
Households: 1,560 3,488
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