Description
For Sale | ±2.0 Acre Commercial Opportunity | Fairhope, Alabama. Positioned along a growing corridor in Fairhope, this ±2.0 acre property offers a unique opportunity for investors, owner-users, or future development. The site is zoned B-1 (Local Shopping District / Neighborhood Business District), allowing for a variety of small-scale retail, office, and service-oriented uses. The property includes a total of ±2,890 SF of improvements, consisting of a ±1,690 SF home/office structure and a ±1,200 SF utility building. The flexible layout provides immediate usability with additional upside for future redevelopment or expansion.**Property...read more Highlights**? Lot Size: ±86,250 SF (±2.0 acres)? Frontage: ±150 x 575 depth? Zoning: B-1 (Local Shopping / Neighborhood Business District)? Total Building Area: ±2,890 SF - ±1,690 SF home/office - ±1,200 SF utility building? Utilities: Fairhope Utilities (water), Baldwin EMC (electric)**Financial Overview**? Asking Price: $825,000? Price Per SF (Buildings): ~$285.00/SF? Price Per SF (Land): ~$9.56/SF? Annual Property Taxes: ~$1,634This property presents a strong opportunity with existing improvements in place and ample land for additional structures or redevelopment, subject to zoning allowances. Buyer to verify all information during due diligence.