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$ 499,000
Est. payment | /mo
$ 499,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 412916
Construction Status Resale
HOA Y/N No
Year Built 1984
Acres 0.4
Property Sub-Type Retail
Source Baldwin County
Property Description
Investment opportunity, fully occupied commercial strip center offered at $499,000, 7% cap rate, value add opportunity for a 10% cap rate. Located directly on State Hwy 59 with 150ft. of frontage in Robertsdale this is a stabilized income producing asset with upside potential. Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Zoning Commercial
Interior
Heating Electric
Fireplace No
Heat Source Electric
Exterior
Parking Features No Garage/Carport Parking
Utilities Available Robertsdale Utilities
Waterfront Description No Waterfront
Roof Type Metal
Garage No
Building
Lot Description Less Than 1 Acre
Construction Status Resale
Others
Special Listing Condition None
Listed by Crye Leike Gulf Coast Real Est
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