Commercial Potential in Downtown Fairhope

Retail-Commercial for Sale
Catylist Listing ID: 30171829
Property Subtypes: Mixed Use
Building Size (RSF): 2,859 SF
Gross Land Area: 2,200 SF
Sale Price: $849,900
Unit Price: $297.27 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/13/2017

Overview / Comments

THIS IS IT!!! HERE'S YOUR CHANCE TO OWN ONE OF DOWNTOWN FAIRHOPE'S MOST ICONIC PROPERTIES. This elegant, French country custom Craig Roberts design in the heart of downtown Fairhope is perfect for a bed and breakfast, professional office space, or even retail! Maximize your exposure to the many thousands of people that visit our story book town every year! Slate roof, elevator to access all three floors, oak flooring, too much to list. Property is a must see with a variety of potential commercial uses!

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Fairhope Single Tax
Tax ID/APN: 05-46-03-37-0-602-002.520
Retail Clientele: Family, Business, Traveler, Tourist
Property Located Between: Dragonfly Cafe and Fairhope Soap Company
Property Visibility: Excellent
Largest Nearby Street: De La Mare Ave, Church St, Section St, Fairhope Ave
Feet of Frontage: 22
Airports: Fairhope, Mobile, Pensacola
Area Description: In the heart of downtown Fairhope amid the retail district.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 800 SF
Property Condition: Good
Year Built: 1997
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Passenger Elevators: 1
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Zoning Description: Currently zoned residential; completely surrounded by commercial property
Lot Frontage: 22'
Lot Depth: 110'
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Land Ownership: Fairhope Single Tax
Legal Description: 22' X 110.5' IRR COM AT THE SE COR OF LOT 1 BLK 12 DIV 1 OF LAND OF THE LESSOR IN THE CITY OF FAIRHOPE MS1 PG320 FOR POB, TH RUN W 22', TH NE 83.19', TH N 27.41', TH E 19.82', TH S 110.5' TO THE POB CITY OF FAIRHOPE GR SEC 37-T6S-R2E (AGREEMENT) RP708 PG1216 UN-REC LEASE RP708 PG1218

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,575 13,274 31,182
Median Age: 51.69 46.47 43.16
Households: 2,707 5,981 12,679
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