766 Middle Street, Fairhope, AL 36532
766 Middle Street, Fairhope, AL 36532
766 Middle Street, Fairhope, AL 36532
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Katie Ragland

Katie Ragland

+1(256) 366-6974
$1,950,000
Est. payment /mo
13,877 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 13,877 sqft

Price per Sqft $140

Subdivision Al

MLS Listing ID 398524

Construction Status Resale

Year Built 1992

Lot Size 0.672 Acres

Lot Dimensions 100 x 281.8

Property Sub-Type Industrial

Property Description

Two buildings on property. Back building has a total of 6286 sq ft; 4300 SF of open warehouse, 1,100 SF of office (5 offices, 3 bathrooms, and a conference room), and 886 SF of mezzanine storage space. Existing tenant in place that finished a 3 year initial term and exercised the 1st of two, two year options. The 2nd option is coming up at the beginning of next year. The front building (totaling 7591 SF) consists of 2409 SF of warehouse in the center with 2 roll up doors, and 2591 SF of office space on each end of the building (2 floors). There are 4 short term, furnished rentals spaces (each with a full bathroom) on site. There are multiple other tenants on site occupying individual office suites. Current owner will entertain a lease back and owner financing with 25% down. Property is zoned M1. Owner collects all rents and manages tenant activity on their own. Buyer to verify all information during due diligence.

Location

State AL

County Baldwin County

Zoning Business/Commercial

Interior

Cooling Central Air

Exterior

Parking Features Lot (11-20 spaces)

Utilities Available See Remarks

Waterfront Description No Waterfront

Garage No

Building

Lot Description Level

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Construction Status Resale

Others

Senior Community No

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Listed by Wise Living Real Estate, LLC

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Katie Ragland

Katie Ragland

+1(256) 366-6974

Associate Broker in AL; Realtor® in FL | License ID: AL 152229-2 / FL 3575554

Associate Broker in AL; Realtor® in FL License ID: AL 152229-2 / FL 3575554

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