Corner Retail Building For Sale On Springhill Avenue, Mobile, Alabama

Retail-Commercial for Sale
Catylist Listing ID: 30149907
Property Subtypes: Convenience Store, Free-Standing Building, Street Retail
Building Status: Under Construction
Building Size (RSF): 2,802 SF
Gross Building Area: See Agent
Gross Land Area: 11,761 SF
Sale Price: $231,500
Unit Price: $82.62 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2017

Overview / Comments

Great corner property with an approximate 2802 sf building for sale on corner of Stanton Road and Springhill Avenue in Mobile. There are two lots being sold together (Lot 1 & Lot 2). Two tenants are in place currently with a women's dress boutique and a hair salon, so utmost discretion is necessary. The building consists of 7 rooms and two bathrooms and there is a covered-up fireplace. The roof is approximately 7 years old (2010). There are approximately 16-19 parking spaces available. Sold "As-Is".

Attachments & Media

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2907240001104.000
Zoning: B-2
Retail Clientele: General, Business, Traveler, Recreation
Property Located Between: Stanton Road and Springhill Avenue
Property Visibility: Excellent
Largest Nearby Street: Springhill Avenue
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Construction/Siding: Stucco
Total Parking Spaces: 19
Parking Type: Surface
Zoning Description: Neighborhood Business
Lot Frontage: 80'
Lot Depth: 160'
Legal Description: Lot 1 (#1964) BEG ON N/L SPRINGHILL AVE 40 FT E OF NE COR OF SPRINGHILL AVE & STANTON RD RUN E ALG N/L OF SPRINGHILL AVE 40 FT TH N 156 FT TH W40 FT TH S 156 FT TO POB #SEC 24 T4S RIW #MP29 07 24 0 001. Lot 2 (#1966) PT LOT 2 CONVENT HGTS BEING AT NE COR OWENS ST & SPRINGHILL AVE RUN N ALG E/L OWENS ST 160 FT M/L RUN E PAR TO SPRINGHILL AVE 40 FT TH S & PAR TO E/L OWENS ST 160 FT TO N/L SPRINGHILL.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,387 85,380 149,460
Median Age: 39.98 36.2 36.17
Households: 6,061 34,890 59,312
© Copyright Gulf Coast CMLS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.