Downtown Fairhope Investment
Retail-Commercial
for Sale
| Catylist Listing ID: |
30335061 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Street Retail, Tavern/Bar/Nightclub, Other
|
| Building Size (RSF): |
3,100 SF
|
| Gross Land Area: |
4,610 SF
|
| Sale Price: |
$995,000 |
| Unit Price: |
$320.97 PSF |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
4/12/2021 |
Overview / Comments
Fully leased investment property in downtown Fairhope available for purchase. Suite A is a +/-1,200 SF retail suite, Suite B is a +/-1,160 SF retail suite and a Suite C is a +/- 740 SF apartment upstairs. Suite A occupied by a cigar shop and Suite B occupied by a upscale bar. Both suites have gated courtyards. Right on Section Street within walking distance to other retail/office locations in the downtown area.
Call listing agent for lease information.
|
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Taxing Authority: |
Revenue Commissioner & FSTC |
| Tax ID/APN: |
015163 |
| Zoning: |
B-2 CENTRAL BUSINESS DISTRICT |
| Retail Clientele: |
General, Business, Tourist, Other |
| Property Located Between: |
Bellangee and Morphy |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
53 |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Built: |
1955 |
| Year Renovated: |
2013 |
| Construction/Siding: |
Brick |
| Parking Type: |
Other |
| Parking Description: |
On street parking |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Zoning Description: |
B-2 Central Business District |
| Lot Frontage: |
53 |
| Lot Depth: |
87 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,575 |
14,165 |
32,263 |
| Median Age: |
51.69 |
46.99 |
43.2 |
| Households: |
2,707 |
6,379 |
13,110 |
|
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
