Fairhope Commercial Real Estate Opportunity

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30865364
Property Subtypes: Day Care Facility, Mixed Use, Other
Building Size (RSF): 15,740 SF
Gross Land Area: 1.10 Acres
Sale Price: $995,000
Unit Price: $63.21 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/10/2024

Overview / Comments

Price Reduced!! Southeast Commercial is pleased to offer the opportunity and to own the oldest operating daycare facility in Fairhope, Alabama. Conveniently located right across the street from the Baldwin County Satellite Courthouse, this property holds immense potential as a continued daycare facility or a prime redevelopment project. The 1.1-acre site features a 5,888+/- square foot daycare building with a second-story apartment, an 852 square foot little red schoolhouse, and an expansive 9,000 square foot gymnasium building. Please note, this daycare facility is currently in full operation, and we kindly request that visitors refrain from disturbing its operations. The list price is exclusively for the real estate only and does not include any business value. For further details and to explore this exceptional opportunity, reach out to our expert team at Southeast Commercial.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-46-05-16-0-000-028.524
Property Located Between: Greeno Road and Bishop Road
Property Visibility: Good
Largest Nearby Street: Greeno Rd
Feet of Frontage: 240
Total Number of Buildings: 3
Number of Stories: 2
Year Built: 1982
Zoning Description: Business and Professional District
Lot Frontage: 240
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Leasehold

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,748 19,295 31,182
Median Age: 47.07 44.67 43.16
Households: 2,657 8,281 12,679


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