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22545 State Highway 59 N
Robertsdale, AL 36567
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Renovated Interior: Updated electrical and plumbing systems while maintaining the historic charm of the nearly 100-year-old building.
EXECUTIVE SUMMARY
Prime Location: Situated in downtown Robertsdale on a corner lot with high visibility and traffic.
Historic downtown Robertsdale AL
Heart of Baldwin county one of the fastest growing in America.
For Sale or Lease call Owner for details
Historic downtown Robertsdale AL
Heart of Baldwin county one of the fastest growing in America.
For Sale or Lease call Owner for details
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
9,500 SF
Building Class
C
Year Built
1925
Price
$1,280,000
Price Per SF
$134.74
Cap Rate
6.50%
NOI
$83,200
Tenancy
Single
Building Height
2 Stories
Building FAR
0.87
Lot Size
0.25 AC
Zoning
Multi Use - Zoned MU , Multi Use
Parking
30 Spaces (3.16 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Corner Lot
- Freeway Visibility
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 48-03-06-2-201-021.000 | Improvements Assessment | $86,380 |
| Land Assessment | $8,500 | Total Assessment | $94,880 |
PROPERTY TAXES
Parcel Number
48-03-06-2-201-021.000
Land Assessment
$8,500
Improvements Assessment
$86,380
Total Assessment
$94,880
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