Office/Retail Building for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30643604
Property Subtypes: Day Care Facility, Free-Standing Building, Street Retail
Building Size (RSF): 6,745 SF
Gross Building Area: See Agent
Gross Land Area: 1.30 Acres
Sale Price: $569,000
Unit Price: $84.36 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Palm Beach Tan
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/27/2021

Overview / Comments

Great retail, office, or service use building available for sale or lease on Cottage Hill Road in Mobile. Originally constructed as an auto parts store in 2001, the property has formerly been used as a tanning salon. Roof was replaced in 2018 and the building features clear span construction, a rear roll up door, fire sprinkler system, high amperage electrical service, three bathrooms, and is in excellent condition. Interior buildout (but not tanning equipment) to remain. High traffic location just west of University Boulevard in close proximity to surrounding retail, restaurants, and office users.

Attachments & Media

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: R023302032001001.
Retail Clientele: General, Family
Property Located Between: University Bouelvard and Knollwood Road
Property Visibility: Excellent
Largest Nearby Street: University Boulevard
Feet of Frontage: 260
Traffic/Vehicle Count: 29,115
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2001
Year Renovated: 2003
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 33
Parking Type: Surface
Sprinklers: Wet

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,328 75,105 175,912
Median Age: 39.77 37.19 36.87
Households: 4,607 33,134 71,629


Photograph of Listing Agent

Kenny Nichols

Vallas Realty, Inc. Gulf Coast CMLS Member
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