Property Details

, #-11201 Hwy 98, Fairhope, AL

Price: $199,950
MLS: #148032
Type: Warehouse
Age: 1-5
Beds:
Baths:
Sq. Ft:
Property Description:

Investment Property with tenant in place through March 31, 2011. 5,450 SF Office / Warehouse Building on approximately .46 acres with frontage on Highway 98, just west of Fish River Bridge. The Landlord is responsible for property taxes and insurance. Tenant pays for utilities. Current NOI of approximately $17,500/year. CAP rate of 8.75%

Additional Details

Address: #
11201 Hwy 98
Fairhope, AL 36532
County: Baldwin
Area: Fairhope/Point Clear
Lot Size: 116 x 194 IRR
Age: 1-5
Business Name: Blackfyn Customs
Road Frontage: 116'
Road Frontage Type: State Road
Complex/Subdivision: Fairhope
# Buildings:
Parking: Lot (11-20 spaces)
# Parking:
Business Type: Repair, Service
Suitable Use: Industrial, Light, Warehouse
Property Amenities: Restroom-Private
Utilities: Sewage-Septic
Waterfront: No Waterfront
Boat Facilities: None
Construction/Foundation: Metal
Lot_description: Less than .5 acre
Zoning: Business/Commercial
Terms of Sale: Cash, Conventional
Listing Office: Cunningham, Foley & Barnes

Last Updated 2010-03-12 07:51:08

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