2305 Hand Ave | Bay Minette, AL 36507
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2305 Hand Ave
Bay Minette, AL 36507
Bay Minette Owner-User Medical Complex · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Value-Add Opportunity With Leases Being Month-to-Month and ½ of the Building Being Vacant
- Strong Personal Guarantees From Numerous Tenants
- Just Under ¼ of a Mile From North Baldwin Infirmary
- Two Tenants Currently Paying Half Rent, Another Opportunity to Increase NOI After Acquisition
- Vacant Space Formerly a Family Care Practice, Allowing For Many Future Uses
- Located Just Off the Bay Minette Bypass Which Sees North of 25,589 VPD
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
7,600 SF
Building Class
C
Year Built
2003
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,600 SF
Building FAR
0.16
Lot Size
1.10 AC
PROPERTY TAXES
| Parcel Number | 23-03-05-1-000-007.004 | Improvements Assessment | $125,640 |
| Land Assessment | $21,500 | Total Assessment | $147,140 |
PROPERTY TAXES
Parcel Number
23-03-05-1-000-007.004
Land Assessment
$21,500
Improvements Assessment
$125,640
Total Assessment
$147,140
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