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.
Listed By
Agency Name: Wise Living Real Estate, LLC
Agency Phone: 251-928-9473
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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766 Middle Street | MLS# 398524
This commercial property located at 766 Middle Street, Fairhope, AL 36532 is currently listed for sale with an asking price of $1,950,000. Search Fairhope real estate on www.crye-leike.com today.