Historic SpringHill Property on 3.8 AC

Special Purpose for Sale
Catylist Listing ID: 30666160
Property Subtypes: Assembly/Meeting Place
Building Size (RSF): 4,400 SF
Gross Building Area: See Agent
Gross Land Area: 3.80 Acres
Sale Price: $886,900
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/16/2021

Overview / Comments

Magnolia Manor is a lovely, two-story historic property of 4,400 SF that has been completely renovated and upgraded. The grounds around the building are well-landscaped, and the wooded east side of the property provides potential for additional development. The property also includes a carriage house of approximately 1,300 SF on the 3.8 acres, with sufficient room for exterior entertainment and plenty of room for parking. This elegant facility is well-suited for many purposes, including a wedding or entertainment venue, professional office space, or potentially a palatial residence with an approved zoning variance, as the property is currently commercially zoned B-2.

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: City of Mobile
Tax ID/APN: R022907250004077.
Zoning: B-2/INSTITUTIONAL
Total Number of Buildings: 2
Number of Stories: 2
Typical SF / Floor: 2,200 SF
Property Condition: Excellent
Year Built: 1854
Parking Type: Surface
Zoning Description: B-2 (FLUM - Institutional)
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,067 75,166 137,252
Median Age: 37.97 36.67 35.86
Households: 6,583 29,697 54,114

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