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701 S Mobile St
Fairhope, AL 36532
Barons Inn · Hospitality Property For Sale
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39 Rooms
EXECUTIVE SUMMARY
Across from the Mobile Bay in downtown Fairhope sits the old Magnolia Inn, now known as Baron's Inn, and this property is NOW available for sale. All properties are being sold together. With approx. 9900 +/- sq. ft. of Motel space, with some ingenuity and know-how this Motel can once again become the Fairhope destination for families and visitors to the Gulf Coast region. Main building has multi-levels with rooms up and down as well as separate cottages & properties that are being sold together.
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PPIN 6696: Property #1 - 701 S Mobile Street, The Baron Inn, is 9840 sq. ft. with 35,153 sq. ft of land.
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PPIN 33005: Property #2 - 26 Laurel Street is 1435 sq. ft. with 23,435 sq. ft of land.
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PPIN 5846: Property #3 - 709 S. Mobile Street is 768 sq. ft. with 15,856 sq. ft of land.
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PPIN 84300: Property #4 with no address has 4,748 sq. ft. of land.
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PPIN 33014: Property #5 - 0 Satsuma has 10,541 sq. ft. of land.
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PPIN 33034: Property #6 - 100 Laurel Street has 1194 sq. ft. with 16,074 sq. ft of land.
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PPIN 636266: Property 7 - is vacant parcel measuring 18.4 x 50.6 x 52.8.
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Parcels 1, 2, 3, 4, 5, 6, and Bush per Plat recorded in Instrument 1795040 in BALDWIN County Probate Records. Listing information deemed accurate but not guaranteed. Buyer to verify all information to satisfaction during contingency period(s). Contact Sandy Wise at 251-583-8968, Laura Norton at 251-422-3300 or Weston Robles at 251-979-9500 for additional information.
.
PPIN 6696: Property #1 - 701 S Mobile Street, The Baron Inn, is 9840 sq. ft. with 35,153 sq. ft of land.
.
PPIN 33005: Property #2 - 26 Laurel Street is 1435 sq. ft. with 23,435 sq. ft of land.
.
PPIN 5846: Property #3 - 709 S. Mobile Street is 768 sq. ft. with 15,856 sq. ft of land.
.
PPIN 84300: Property #4 with no address has 4,748 sq. ft. of land.
.
PPIN 33014: Property #5 - 0 Satsuma has 10,541 sq. ft. of land.
.
PPIN 33034: Property #6 - 100 Laurel Street has 1194 sq. ft. with 16,074 sq. ft of land.
.
PPIN 636266: Property 7 - is vacant parcel measuring 18.4 x 50.6 x 52.8.
.
Parcels 1, 2, 3, 4, 5, 6, and Bush per Plat recorded in Instrument 1795040 in BALDWIN County Probate Records. Listing information deemed accurate but not guaranteed. Buyer to verify all information to satisfaction during contingency period(s). Contact Sandy Wise at 251-583-8968, Laura Norton at 251-422-3300 or Weston Robles at 251-979-9500 for additional information.
PROPERTY FACTS
| Price Per Room | $141,026 | Building Size | 15,000 SF |
| Sale Type | Investment | No. Rooms | 39 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1970 |
| Building Class | C | Parking Ratio | 1.87/1,000 SF |
| Lot Size | 0.81 AC | Corridor | Exterior |
| Zoning | B-3a - Tourist Resort Lodging District | ||
| Price Per Room | $141,026 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.81 AC |
| Building Size | 15,000 SF |
| No. Rooms | 39 |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.87/1,000 SF |
| Corridor | Exterior |
| Zoning | B-3a - Tourist Resort Lodging District |
AMENITIES
- Business Center
- Fitness Center
- Restaurant
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 39 | $114.00 | - |
PROPERTY TAXES
| Parcel Number | 46-03-37-0-013-088.001 | Improvements Assessment | $82,160 |
| Land Assessment | $171,360 | Total Assessment | $253,520 |
PROPERTY TAXES
Parcel Number
46-03-37-0-013-088.001
Land Assessment
$171,360
Improvements Assessment
$82,160
Total Assessment
$253,520
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