701 S Mobile Street, Fairhope, AL 36532
701 S Mobile Street, Fairhope, AL 36532
701 S Mobile Street, Fairhope, AL 36532
$5,400,000
Est. payment /mo
$5,500,000
1.8%
Est.Price: ?

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9,900 SqFt
SOLD DATE : 04/23/2026

Key Details

Sold Price $5,400,000

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Square Footage 9,900 sqft

Price per Sqft $545

Subdivision Al

MLS Listing ID 390130

Sold Date 04/23/26

Construction Status Resale

Year Built 1952

Lot Size 0.810 Acres

Lot Dimensions 100 x 250

Property Sub-Type Hotel/Motel

Property Description

Across from the Mobile Bay in downtown Fairhope sits the old Magnolia Inn, now known as Baron's Inn, and this property is NOW for sale. There are a total of seven (7) parcels for sale, and all properties are being sold together. This is a 24-unit Hotel with 3 Residential houses and 3 Commercial lots. With approx. 9900 +/- sq. ft. of Motel space, with some ingenuity you can create a Motel that is once again a Fairhope destination for families and visitors to the Gulf Coast region. Main building has multi-levels with rooms up and down as well as separate cottages & properties that are being sold together. PPIN 6696, zoned B3A: Property #1 - 701 S Mobile Street, The Baron Inn, is 9840 sq. ft. with 35,153 sq. ft of land. PPIN 33005, Zoned B3A: Property #2 - 26 Laurel Street is 1435 sq. ft. with 23,435 sq. ft of land. PPIN 5846, Zoned R2: Property #3 - 709 S. Mobile Street is 768 sq. ft. with 15,856 sq. ft of land. PPIN 84300, Zoned R2: Property #4 with no address has 4,748 sq. ft. of land. PPIN 33014, Zoned B3A: Property #5 - 0 Satsuma has 10,541 sq. ft. of land. PPIN 33034, Zoned R2: Property #6 - 100 Laurel Street has 1194 sq. ft. with 16,074 sq. ft of land. PPIN 636266. Property 7 - is vacant parcel measuring 18.4 x 50.6 x 52.8. Buyer to verify all information to satisfaction during contingency period(s). Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Area Fairhope 2

Zoning Business/Commercial

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Parking Lot

Utilities Available See Remarks

View Y/N Yes

View Water

Garage No

Building

Lot Description See Remarks

Foundation Slab

New Construction No

Construction Status Resale

Others

Senior Community No

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Listed by Wise Living Real Estate, LLC
Bought with Wise Living Real Estate, LLC

Nearby Locations

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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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