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In-PersonVirtual Tour
$ 2,800,000
Est. payment | /mo
5,050 SqFt
$ 2,800,000
Est. payment | /mo
5,050 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,050 sqft
Price per Sqft $554
Subdivision Al
MLS Listing ID 393346
Construction Status Resale
Year Built 1975
Lot Size 2.500 Acres
Property Sub-Type Retail
Property Description
18874 South Section St, Fairhope, AL 36532Investment opportunity featuring the current home of DragonFly Foodbar. This property is being offered as a True NNN Lease investment, with the tenant responsible for all taxes, insurance, maintenance, and roof, providing a hands-off ownership structure for investors.The property consists of three parcels totaling approximately 2.5 acres, identified by PPINs 696, 67545, and 107350. DragonFly Foodbar is an established local business and will remain in place with multiple years remaining on their lease, providing immediate income to a new owner.Financials available upon requestOne of the listing agents is the property owner and is a licensed real estate agent in the State of Alabama. Buyer to verify all information during the due diligence process.Listing information deemed accurate, but not guaranteed. Buyer to verify all information to satisfaction during contingency period(s). Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Area Fairhope 1
Zoning Business/Commercial
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Common
Utilities Available See Remarks
Garage No
Building
Lot Description Few Trees
Foundation Slab
New Construction No
Construction Status Resale
Others
Senior Community No
Acceptable Financing Other-See Remarks
Listing Terms Other-See Remarks
Listed by Wise Living Real Estate, LLC
Nearby School & Business