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51 S Church St
Fairhope, AL 36532
Retail Property For Sale

Investment Highlights

  • Downtown Fairhope
  • Hospitality
  • Restaurant
  • Retail

Executive Summary

This is your chance to own/lease one of the most desired locations in all of Downtown Fairhope. This huge corner lot in the center of town directly fronts the parade route and is inside of the cordoned off area when the streets are closed to accommodate pedestrian traffic only. Currently the main building is designed as a restaurant with inside seating for 38 and outside seating for 54, boasting a Toast POS with handhelds, alarm system, AME sound system inside and out, beer cooler with long draw system and 13 taps just to name a few. There is a detached cottage on the property currently operating as a short term rental. This detached cottage is only included in the purchase of this property, not the lease. This property is in the central business district and zoned B2, so the possibilities are numerous. Contact your favorite agent today for a private tour. FF&E must be purchased as part of the lease. Asset list available upon request. 3% annual rental escalators. NN expenses are estimated.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,181 SF
Building Class
B
Year Built
1921
Price
$2,581,663 CAD
Price Per SF
$1,183.71 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.17 AC
Zoning
B2 - Community Commercial District
Parking
2 Spaces (0.92 Spaces per 1,000 SF Leased)
Frontage
56’ on Church St

Amenities

  • 24 Hour Access
  • Corner Lot
  • Courtyard
  • Fenced Lot
  • Fireplace
  • Tenant Controlled HVAC
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
46-03-37-0-006-043.503
Land Assessment
$180,119 CAD
Improvements Assessment
$80,358 CAD
Total Assessment
$260,476 CAD
  • Listing ID: 35190675

  • Date on Market: 2025-03-19

  • Last Updated:

  • Address: 51 S Church St, Fairhope, AL 36532

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