Extremely Rare Commercial Opportunity in Booming Gulf Shores, AL

Retail-Commercial for Sale
Catylist Listing ID: 30435304
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 13,500 SF
Gross Building Area: See Agent
Sale Price: $1,699,000
Unit Price: $125.85 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: Sea Crest
Usable Size (USF): 13,500 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 3/29/2020

Overview / Comments

Extremely Rare Commercial Opportunity in Booming Gulf Shores, Alabama! Giant 13,500 sqft of heated and cooled space located directly on Gulf Shores Parkway.

Over 40,000 vehicles pass this location per day! Currently the location of SeaCrest Furniture. Two story building is in perfect condition, ready for your business venture! Can you say Climate Controlled storage? Restaurant? Entertainment? Hotel?

This well-built, well maintained building is in excellent move-in condition and provides tremendous visibility. It's been a landmark building in Gulf Shores since 2004.

Buildings of this size with this much road frontage are hard to come by in Gulf Shores. This one is located on nearly an acre!

Could easily be divided to accommodate 2-4 different tenants or businesses! Separate studio apartment upstairs!

Contact David or Angie Swiger Today to schedule your private showing.
251-609-2973

Attachments & Media

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-61-08-33-2-001-036.000
Zoning: B-3
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Visibility: Excellent
Largest Nearby Street: Hwy 59
Traffic/Vehicle Count: 40,000
Highway Access: Hwy 59 frontage
Airports: blocks from Jack Edwards Airport, one hour from Pensacola and Mobile airports
Site Description: 13500 sqft building plus lot and a half--3 parcels total
Area Description: Booming Gulf Shores Business district north of the ICW bridge.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 2
Typical SF / Floor: 13,500 SF
Property Condition: Excellent
Year Built: 2004
Construction/Siding: Block
Exterior Description: Brick
Parking Type: Surface
Parking Description: Parking on front surface lot.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Other
Interior Description: Open space on both floors with studio apartment upstairs.
Zoning Description: B-3 Restaurant, storage, Retail
Lot Frontage: 142'
Lot Depth: 295
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 12,335 24,192
Median Age: 39.75 40.48
Households: 5,450 10,423

Contact

Photograph of Listing Agent

Monica Angie Swiger

Swiger & Company, Realtors Gulf Coast CMLS Member
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