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- LoopNet Team
614 Nichols Ave
Fairhope, AL 36532
The Retreat on Nichols · Specialty Property For Sale
·
1,580 SF
Investment Highlights
- Established and profitable
- Incredible indoor and outdoor spaces
Property Facts
| Property Type | Specialty | Building Size | 1,580 SF |
| Property Subtype | Residential Income | No. Stories | 1 |
| Lot Size | 0.50 AC | Year Built | 2016 |
| Zoning | B-2 | ||
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Lot Size | 0.50 AC |
| Building Size | 1,580 SF |
| No. Stories | 1 |
| Year Built | 2016 |
| Zoning | B-2 |
About 614 NICHOLS AVE , FAIRHOPE, AL 36532
Established and profitable Short Term Rental on AirBnB and VRBO platforms. Zoned B1 and built in 2016, these two 720sf rental units each have a their own private luxury bath and gourmet kitchen with a shared space between the two with laundry and another full bath. The real estate, furnishings, golf cart and website are all included in this turn key sale. Manage it yourself as a lifestyle business, or treat it as an investment and hire a professional host. Behind the electric gates is a lavishly landscaped retreat with beautiful, contemporary indoor and outdoor spaces. Construction completed in 2016 and the building is gold fortified and built to commercial codes. Opportunities to grow revenue include preliminary designs for an additional two story two unit micro-cottage on the attached lot, marketing the property as an event venue, and increasing occupancy rates of existing units. It includes landscaping, storage shed, game court, decking, and wood fired pizza oven with an herb garden growing on top. The property is gated and in operation. Please make an appointment to see the property so that you don’t disturb guests!
Property Taxes
| Parcel Number | 46-03-37-0-015-002.004 | Improvements Assessment | $560 |
| Land Assessment | $9,900 | Total Assessment | $10,460 |
Property Taxes
