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$ 875,000
Est. payment | /mo
1,164 SqFt
$ 875,000
Est. payment | /mo
1,164 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,164 sqft
Price per Sqft $751
Subdivision Al
MLS Listing ID 395084
Construction Status Resale
Year Built 1960
Lot Size 1.000 Acres
Lot Dimensions 100 x 217
Property Sub-Type Office
Property Description
1.6 Acres of Mixed Use Property on State Hwy 181. RARE MIXED USE PARCELS ON HWY 181 NEAR WALMART in Fairhope, Alabama. Totaling ±1.6 acres, this income producing property is comprised of two Lots. Parcel A has 120 ft. of frontage along Hwy 181. Parcel B in the rear is approximately 1.06 acres. Each parcel has its own building (front currently used as professional office with rear building rented residentially). The property is zoned Limited Business (LB) by the County offering a wide variety of future development options, income, and upside being located on one of the fastest growing corridors in Baldwin County.Front Parcel (±0.5 Acres | PPIN 14433): Improved with a ±1,167 SF commercial office ideal for owner-users or immediate leasing. It is currently used as a professional office.Back Parcel (±1.1 Acres | PPIN 369899): Features a ±1,678 SF building currently rented residentially. It can easily be converted to commercial office use or used as a personal residence.Approximately .75 acres of unused Land behind Rental (back parcel): Previously occupied by two mobile homes for additional income. The utility connections for these mobile homes remain in place for possible future connection. Contact service providers below:The existing buildings offer immediate income with estimated rents of approximately $2,500/month (office) and $2,000/month (rental). That rear land offers a variety of mixed use development opportunities to fit your specific needs. (no drive-thru). Buyer responsible for its own due diligence concerning development/reconfiguration possibilities.Utilities & Infrastructure:Power: Baldwin EMCWater: Fairhope Utilities (4 meters total: office, rental, and 2 connections servicing rear land)Septic: 4 total systems (1 office, 1 rental, 2 rear land)Internet: AT&T servicing front parcel; Comcast available at rear parcelGas: No gas utilities currently in place.Buyer to verify all information during due diligence. Buyer to verify all information during due diligence
Location
State AL
County Baldwin
Area Daphne 1
Zoning Other-See Remarks
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features See Remarks
Utilities Available See Remarks
Garage No
Building
Lot Description See Remarks
Foundation Slab
New Construction No
Construction Status Resale
Others
Senior Community No
Listed by Wise Living Real Estate, LLC
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