Hwy 59 Retail Building w storage For Sale Gulf Shores
Retail-Commercial
for Sale
| Catylist Listing ID: |
30826281 |
| Property Subtypes: |
Day Care Facility, Free-Standing Building, Retail-Pad, Street Retail
|
| Building Size (RSF): |
7,742 SF
|
| Gross Land Area: |
2.54 Acres
|
| Sale Price: |
$2,750,000 |
| Unit Price: |
$355.21 PSF |
| Ceiling: |
11 ft. |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Royal Standard Building |
| Usable Size (USF): |
7,742 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/6/2024 |
Overview / Comments
7742 sf two story high end retail building for sale on busy Hwy 59. Sitting on appr. 2.54 acres with appr. 212 feet of frontage on Hwy 59. There is a retail pad adjacent to the Royal Standard building and 5 storage units comprising 17,940sf. Great location between Target and Publix on the west side of the street.
Tenant will be vacating the building.
|
Additional Details
| Nearest MSA: |
Daphne-Fairhope-Foley |
| County: |
Baldwin |
| Taxing Authority: |
Gulf Shores |
| Tax ID/APN: |
05-61-09-32-4-001-016.000, PPIN: 4686 |
| Zoning: |
BA |
| Retail Clientele: |
General, Business, Tourist |
| Property Located Between: |
Publix and Target on west side of Hwy 59 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Hwy 59 |
| Feet of Frontage: |
213 |
| Traffic/Vehicle Count: |
40,000 |
| Highway Access: |
Hwy 59 South from Foley |
| Airports: |
gulf shores, mobile, pensacola |
| Site Description: |
212.50' X 520' level site with a 7780sf retail building, adjacent retail pad, and 5 storage buildings in the rear. |
| Area Description: |
Gulf Shores, AL. over 6.5 million visitors per year. Hwy 59 traffic count appr. 40,000 vpd. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
6 |
| Number of Stories: |
2 |
| Property Condition: |
Good |
| Year Built: |
1998 |
| Year Renovated: |
2012 |
| Roof Type: |
Gable |
| Construction/Siding: |
Steel Frame, Stucco |
| Exterior Description: |
Metal Roof with Stucco siding
Metal storage whse |
| Total Parking Spaces: |
28 |
| Parking Type: |
Surface |
| Parking Description: |
28 spaces |
| Freight Elevators: |
1 |
| Sprinklers: |
Wet |
| Heat Type: |
Electricity |
| Heat Source: |
Heat Pump |
| Air Conditioning: |
Package Unit |
| Interior Description: |
Fantastic retail layout with showcase interior loft 2 story with appr. 3,000sf upstairs. |
| Zoning Description: |
BA |
| Lot Frontage: |
212.5 |
| Lot Depth: |
520 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee simple |
| Legal Description: |
212.5' X 520' BEGIN AT A PT 22.5' NW & 797.3' N OF THE SE CO R OF SEC 32 TH N 212.5', TH W 520', TH S 212.5', TH E 520' T O POB LYING IN THE SE1/4 OF THE SE1/4 IN THE CITY OF GULF SH ORES SEC 32-T8S-R4E (LIM WD) |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
12,761 |
18,277 |
| Median Age: |
40.16 |
41.66 |
| Households: |
5,689 |
8,016 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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