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1 Fairhope Ave
Fairhope, AL 36532
Fairhope Restaurant · Retail Property For Sale
PROPERTY FACTS
ABOUT 1 FAIRHOPE AVE , FAIRHOPE, AL 36532
Iconic Fairhope Restaurant property is now available. Located on the Fairhope Municipal Pier, the property provides a great opportunity to own a landmark waterfront restaurant in Fairhope, Alabama. The building is being sold with all furniture, fixtures, & equipment. The building consists of approximately 3,250 sf within the 1.5 story structure. The main floor includes a gift shop, dining areas, bar, restroom, and commercial kitchen. The upper floor consists of office and storage space. The property is subject to a long-term lease with the City of Fairhope. The lease rate is based upon 3% of gross sales. Wood floors and ceilings. Main level consists of approximately 2,750 sf - 2 dining areas (including an enclosed / conditioned deck), bar area, gift shop, restroom & kitchen. Upper level is storage and office space. The property is positioned on Fairhope Municipal Pier on Mobile Bay. Fairhope is a quaint town, located on the Eastern Shore of Mobile Bay. The Downtown area, waterfront parks, and municipal pier are tourist attractions.
PROPERTY TAXES
| Parcel Number | 46-03-37-0-010-002.000 | Improvements Assessment | $429,920 |
| Land Assessment | $1,669,920 | Total Assessment | $2,099,840 |
PROPERTY TAXES
