766 Middle St, Fairhope, AL 36532

$1,950,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,950,000
MLS#
398524
Year Built
1992
Acres
0.67
County
Baldwin
Region
Baldwin

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.

Additional Information

Roof
Metal
Acres
0.67
Heating
Electric
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Wise Living Real Estate, LLC.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .

The offer of compensation to cooperating participants is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.