This property is Off-Market

969 Spring Hill Ave
Mobile, AL 36604 ·

4,000 SF · Retail For Sale

N/A

Print

BANK OWNED! DAY CARE BUILDING

Price N/A Occupancy 100%
Building Size 4,000 SF No. Stories 1
Property Type Retail Tenancy Single
Property Sub-type
Day Care Facility/Nursery
More...
  • Office Building
Year Built 1999
Property Use Type Investment Lot Size 16,536 SF
Distressed Yes APN / Parcel ID R02-29-06-40-0-009-040.
Commission Split 2.2% Parking Ratio 11 / 1,000 SF
Cap Rate 11%
Listing ID: 17551781 Date Created: 02/28/2012 Last Updated: 12/10/2012

Description

Bank Owned Commercial Property, Alabama right of redemption laws may apply. Property being sold "as is", "where is". Available: 4,000+/- sq ft hvac, brick and block retail building. Currently being operated as a Day Care Business and rented on month to month basis. Property is Zoned for B-4.

Subject property fronts 5 lane highway, connecting downtown to west mobile.
Location is considered East Midtown and in close proximity to the Downtown Business District Area.

Highlights

  • Bank Owned Commercial Property! This Sale to be "As Is, Where Is". Alabama right of redemption may apply.
  • Income Producing Property, currently rented on month to month basis
  • Tenant is a Day Care Business occuping the building for past 2 years.
  • Floor Plan includes: 4 classrooms, reception, lobby, 7 bathrooms, full kitchen.
  • Fenced Back Yard being used as a playground.
  • Asphalt parking lot for 12 vehicles in front of building

Research

969 Spring Hill Ave, Mobile, AL 36604 (Mobile County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Mobile Market Trends - Asking price index trends, sale price trends, asking rent trends

Similar Listings

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)