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. Buyer to verify all information during due diligence.