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Executive Summary
Mixed Use Downtown Fairhope Property For Sale
Mixed-use property consisting of two main buildings in the heart of Downtown Fairhope. Total building area: 5,227 SF.
The front building (±2,962 SF) consists of three suites:
• Suite A (Ground Floor – 1,488 SF): Retail/office space currently operating as an Italian cooking school under a multi-year NNN lease. Two (2) reserved parking spaces.
• Suite B (Second Floor – Left unit facing building – 737 SF): 1 bed / 1 bath residential condo with private balcony. Two (2) reserved parking spaces.
• Suite C (Second Floor – Right unit facing building – 737 SF): 1 bed / 1 bath residential condo with private balcony. One (1) reserved parking space.
All five parking spaces for the front building are located behind the building and marked with signage.
The second building is ±2,265 SF and is currently occupied by a long-standing local restaurant. Two (2) reserved parking spaces are allocated to the restaurant. Property also includes an outdoor patio area.
Annual property taxes: $10,954
Estimated annual insurance: $7,000
Stabilized, income-producing asset in a premier Baldwin County location. Financials available upon request.
For additional information or to schedule a showing:
Sandy Wise – 251-583-8968
Weston Robles – 251-979-9500
Listing information deemed accurate, but not guaranteed. Buyer to verify all information to satisfaction during contingency period(s).
Mixed-use property consisting of two main buildings in the heart of Downtown Fairhope. Total building area: 5,227 SF.
The front building (±2,962 SF) consists of three suites:
• Suite A (Ground Floor – 1,488 SF): Retail/office space currently operating as an Italian cooking school under a multi-year NNN lease. Two (2) reserved parking spaces.
• Suite B (Second Floor – Left unit facing building – 737 SF): 1 bed / 1 bath residential condo with private balcony. Two (2) reserved parking spaces.
• Suite C (Second Floor – Right unit facing building – 737 SF): 1 bed / 1 bath residential condo with private balcony. One (1) reserved parking space.
All five parking spaces for the front building are located behind the building and marked with signage.
The second building is ±2,265 SF and is currently occupied by a long-standing local restaurant. Two (2) reserved parking spaces are allocated to the restaurant. Property also includes an outdoor patio area.
Annual property taxes: $10,954
Estimated annual insurance: $7,000
Stabilized, income-producing asset in a premier Baldwin County location. Financials available upon request.
For additional information or to schedule a showing:
Sandy Wise – 251-583-8968
Weston Robles – 251-979-9500
Listing information deemed accurate, but not guaranteed. Buyer to verify all information to satisfaction during contingency period(s).
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,227 SF
Building Class
C
Year Built
1968
Price
$3,285,096 CAD
Price Per SF
$628.49 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.48
Lot Size
0.25 AC
Zoning
B-2 - B-2 General Business
Parking
2 Spaces (0.38 Spaces per 1,000 SF Leased)
Frontage
80’ on Fairhope Ave
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- CBD Two 10
- Services
- -
- $23.27 CAD
- Full Service
- Sep 2021
- Mari's Italian Cooking Lab
- Retailer
- -
- $37.78 CAD
- -
- Oct 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| CBD Two 10 | Services | - | $23.27 CAD | Full Service | Sep 2021 | |
| Mari's Italian Cooking Lab | Retailer | - | $37.78 CAD | - | Oct 2027 |
Walk Score®
Very Walkable (77)
Nearby Major Retailers
Property Taxes
| Parcel Number | 46-03-37-0-602-001.504 | Improvements Assessment | $110,434 CAD |
| Land Assessment | $219,225 CAD | Total Assessment | $329,659 CAD |
Property Taxes
Parcel Number
46-03-37-0-602-001.504
Land Assessment
$219,225 CAD
Improvements Assessment
$110,434 CAD
Total Assessment
$329,659 CAD
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210 Fairhope Ave
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