Log In/Sign Up
Your email has been sent.
918 Bienville Blvd 2,631 SF 100% Leased Flex Building Dauphin Island, AL 36528 $1,000,000 ($380.08/SF) 6.47% Cap Rate
EXECUTIVE SUMMARY
This versatile three-unit commercial property offers a wealth of opportunities for entrepreneurs, investors, or anyone looking to join the Island's growing business community. Zoned Central Business (CB), this property allows for maximum commercial flexibility. The "Lighthouse Building" is one of the most recognizable buildings, in the highest traffic location on the Island. The three units are tied together by a lovely, park-like lawn shaded by mature live oaks. A charming gazebo offers a cool spot to relax after shopping or to enjoy a treat from one of the three units. The entire property radiates classic Southern charm.
Unit A - 412 SF:
Designed for food service operation, this space includes a commercial kitchen with hood vent, upgraded electrical to support coolers and electric cooktops, and a heated/cooled storage building at the rear. Perfect for a "To-Go" concept, café, coffee, or ice cream shop. This unit also includes one restroom Unit A and B share a common wall and can be combined into a full restaurant or larger commercial space.
Unit B - 1,667 SF:
Currently set up as a retail space, Unit B features vaulted ceilings for an open, airy feel. It includes a checkout counter, two restrooms, office/storage room, and a room inside the iconic lighthouse structure -a unique touch that makes your business unforgettable.
Unit C - 551 SF:
A stand-alone building that is ideal for retail, office space, or a small service business. Independent access and visibility make it an attractive space for a variety of uses.
The owner is retiring from the beloved local business "Dinner's Ready." The business name and assets are available for purchase separately. You can step into an established operation or launch your own vision in this high-traffic location.
Seller will consider separating the units for individual sale, and is willing to offer owner financing. Don't miss this landmark property with unlimited potential. Whether you're starting something new or expanding an existing venture, this is your chance to become part of the Dauphin Island business community! *Buyer to review deed restrictions, zoning or local regulations, and other matters or record. Buyer to verify all information independently. Any and all updates are per Seller(s).
Unit A - 412 SF:
Designed for food service operation, this space includes a commercial kitchen with hood vent, upgraded electrical to support coolers and electric cooktops, and a heated/cooled storage building at the rear. Perfect for a "To-Go" concept, café, coffee, or ice cream shop. This unit also includes one restroom Unit A and B share a common wall and can be combined into a full restaurant or larger commercial space.
Unit B - 1,667 SF:
Currently set up as a retail space, Unit B features vaulted ceilings for an open, airy feel. It includes a checkout counter, two restrooms, office/storage room, and a room inside the iconic lighthouse structure -a unique touch that makes your business unforgettable.
Unit C - 551 SF:
A stand-alone building that is ideal for retail, office space, or a small service business. Independent access and visibility make it an attractive space for a variety of uses.
The owner is retiring from the beloved local business "Dinner's Ready." The business name and assets are available for purchase separately. You can step into an established operation or launch your own vision in this high-traffic location.
Seller will consider separating the units for individual sale, and is willing to offer owner financing. Don't miss this landmark property with unlimited potential. Whether you're starting something new or expanding an existing venture, this is your chance to become part of the Dauphin Island business community! *Buyer to review deed restrictions, zoning or local regulations, and other matters or record. Buyer to verify all information independently. Any and all updates are per Seller(s).
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$79,200
|
$30.10
|
| Other Income |
$7,128
|
$2.71
|
| Vacancy Loss |
$6,597
|
$2.51
|
| Effective Gross Income |
$79,731
|
$30.30
|
| Taxes |
$4,214
|
$1.60
|
| Operating Expenses |
$3,600
|
$1.37
|
| Total Expenses |
$7,814
|
$2.97
|
| Net Operating Income |
$71,917
|
$27.33
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $79,200 |
| Annual Per SF | $30.10 |
| Other Income | |
|---|---|
| Annual | $7,128 |
| Annual Per SF | $2.71 |
| Vacancy Loss | |
|---|---|
| Annual | $6,597 |
| Annual Per SF | $2.51 |
| Effective Gross Income | |
|---|---|
| Annual | $79,731 |
| Annual Per SF | $30.30 |
| Taxes | |
|---|---|
| Annual | $4,214 |
| Annual Per SF | $1.60 |
| Operating Expenses | |
|---|---|
| Annual | $3,600 |
| Annual Per SF | $1.37 |
| Total Expenses | |
|---|---|
| Annual | $7,814 |
| Annual Per SF | $2.97 |
| Net Operating Income | |
|---|---|
| Annual | $71,917 |
| Annual Per SF | $27.33 |
PROPERTY FACTS
AMENITIES
- Restaurant
- Wheelchair Accessible
- Air Conditioning
- Fiber Optic Internet
UTILITIES
- Lighting
- Water
- Sewer
1 1
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 52-01-00-0-022-095 | Total Assessment | $78,760 (2024) |
| Land Assessment | $27,980 (2024) | Annual Taxes | $4,214 ($1.60/SF) |
| Improvements Assessment | $50,780 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
52-01-00-0-022-095
Land Assessment
$27,980 (2024)
Improvements Assessment
$50,780 (2024)
Total Assessment
$78,760 (2024)
Annual Taxes
$4,214 ($1.60/SF)
Tax Year
2025
1 of 34
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
918 Bienville Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.