Commercial/Residential Building

Retail-Commercial for Sale
Catylist Listing ID: 30388417
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Street Retail
Building Size (RSF): 2,000 SF
Gross Building Area: See Agent
Sale Price: $99,900
Unit Price: $49.95 PSF
Ceiling: 8 ft.
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/12/2019

Overview / Comments

This free standing building sits on 4 combined lots and located directly off I65. It once served as the neighborhood market in the down stairs portion and the owner lived upstairs in a 2 bedroom apartment. The building was renovated in 2017. There is a new roof, new HVAC, plumbing and electrical. The downstairs is currently being used as an event space. There is 1000sqft of an open space and an additional 700sqft of an outdoor enclosed area. This building could serve as a nail shop, hair salon, pet store, fruit stand, event space... the options are endless!

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: Mobile County
Tax ID/APN: R022208440005090.
Zoning: R1/
Property Visibility: Good
Largest Nearby Street: Lee St
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Renovated: 2017
Roof Type: Gable
Construction/Siding: Block
Exterior Description: Building sits on corner lot and constructed of cinder blocks. There is an fenced area that use to house the fruit and veggies of the market that could be permanently added to the indoor square footage.
Parking Type: Surface
Parking Description: Gravel parking lot
Heat Type: Electricity
Heat Source: Wall Units
Air Conditioning: Other
Internet Access: Cable
Interior Description: The downstairs interior has concrete floors and cinder block walls. There is also a spacious half bath room downstairs. The upstairs apartment has new drywall, new flooring, new lights and countertops.
Zoning Description: The building is located in a mixed zoning area.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOTS 18-22 & 23-26 BLK 67 NORTH MOBILE DBK 145/252 #SEC 44 T3S R1W #MP22 08 44 0 005

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,145 33,929 84,158
Median Age: 33.21 37.2 37.41
Households: 1,944 12,706 32,027
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