19680 State Highway 181, Fairhope, AL 36532
sale
$825,000
|
Retail
Courtesy Of Wise Living Real Estate LLC
For Sale | +/-2.0 Acre Commercial Opportunity | Fairhope, Alabama. Positioned along a growing corridor in Fairhope, this +/-2.0 acre property offers a unique opportunity for investors, owner-users, or future development. The site is zoned B-1 (Local Shopping District / Neighborhood Business District), allowing for a variety of small-scale retail, office, and service-oriented uses. The property includes a total of +/-2,890 SF of improvements, consisting of a +/-1,690 SF home/office structure and a +/-1,200 SF utility building. The flexible layout provides immediate usability with additional upside for future redevelopment or expansion.**Property Highlights**- Lot Size: +/-86,250 SF (+/-2.0 acres)- Frontage: +/-150' x 575' depth- Zoning: B-1 (Local Shopping / Neighborhood Business District)- Total Building Area: +/-2,890 SF - +/-1,690 SF home/office - +/-1,200 SF utility building- Utilities: Fairhope Utilities (water), Baldwin EMC (electric)**Financial Overview**- Asking Price: $825,000- Price Per SF (Buildings): ~$285.00/SF- Price Per SF (Land): ~$9.56/SF- Annual Property Taxes: ~$1,634This property presents a strong opportunity with existing improvements in place and ample land for additional structures or redevelopment, subject to zoning allowances. Buyer to verify all information during due diligence.
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Property Features
- Age: Over 50 Years Old
- Floor Covering: Vinyl
- Floor Covering: Carpet
- Floors: 1
- Legal Description: 150 X 575 LOT 11 FAIRHOPE ACRES SUB PB4 PG84 IN THE NW1 4 SEC 23-T6S-R2E (WD - SURVIVORSHIP)
- MLSID: 396164
- Roof Type: Composition
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