15
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$1,950,000
Est. payment /mo
Active
766 Middle Street Fairhope, AL 36532
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 398524
Construction Status Resale
HOA Y/N No
Year Built 1992
Property Sub-Type Industrial
Source Baldwin County
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
Zoning Commercial
Rooms
Dining Room FullKitchen
Interior
Heating Electric
Flooring Tile, Vinyl, Carpet, Concrete
Heat Source Electric
Exterior
Utilities Available Water City, Sewage City, Other/See Remarks
Waterfront Description No Waterfront
Roof Type Metal
Building
Lot Description Level
Construction Status Resale
Others
Special Listing Condition None
Listed by Wise Living Real Estate, LLC
NEARBY SCHOOL & BUSINESS
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