RARE MIXED USE PARCELS ON HWY 181 NEAR WALMAR 19205 State Highway 181 1,164 SF Office Building Fairhope, AL 36532 $1,206,336 CAD ($1,036.37 CAD/SF)

RARE MIXED USE PARCELS ON HWY 181 NEAR WALMART in Fairhope, Alabama. Totaling ±1.6 acres, this income producing property is comprised of two Lots. Parcel A has 120 ft. of frontage along Hwy 181. Parcel B in the rear is approximately 1.06 acres. Each parcel has its own building (front currently used as professional office with rear building rented residentially). The property is zoned Limited Business (LB) by the County offering a wide variety of future development options, income, and upside being located on one of the fastest growing corridors in Baldwin County.
Front Parcel (±0.5 Acres | PPIN 14433): Improved with a ±1,167 SF commercial office ideal for owner-users or immediate leasing. It is currently used as a professional office.
Back Parcel (±1.1 Acres | PPIN 369899): Features a ±1,678 SF building currently rented residentially. It can easily be converted to commercial office use or used as a personal residence.
Approximately .75 acres of unused Land behind Rental (back parcel): Previously occupied by two mobile homes for additional income. The utility connections for these mobile homes remain in place for possible future connection. Contact service providers below:
The existing buildings offer immediate income with estimated rents of approximately $2,500/month (office) and $2,000/month (rental). That rear land offers a variety of mixed use development opportunities to fit your specific needs. (no drive-thru). Buyer responsible for its own due diligence concerning development/reconfiguration possibilities.
Utilities & Infrastructure:
Power: Baldwin EMC
Water: Fairhope Utilities (4 meters total: office, rental, and 2 connections servicing rear land)
Septic: 4 total systems (1 office, 1 rental, 2 rear land)
Internet: AT&T servicing front parcel; Comcast available at rear parcel
Gas: No gas utilities currently in place