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Barons Inn 701 S Mobile St 39 Room Hotel Fairhope, AL 36532 $7,636,750 CAD ($195,814 CAD/Room)
EXECUTIVE SUMMARY
Across from the Mobile Bay in downtown Fairhope sits the old Magnolia Inn, now known as Baron's Inn, and this property is NOW available for sale. All properties are being sold together. With approx. 9900 +/- sq. ft. of Motel space, with some ingenuity and know-how this Motel can once again become the Fairhope destination for families and visitors to the Gulf Coast region. Main building has multi-levels with rooms up and down as well as separate cottages & properties that are being sold together.
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PPIN 6696: Property #1 - 701 S Mobile Street, The Baron Inn, is 9840 sq. ft. with 35,153 sq. ft of land.
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PPIN 33005: Property #2 - 26 Laurel Street is 1435 sq. ft. with 23,435 sq. ft of land.
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PPIN 5846: Property #3 - 709 S. Mobile Street is 768 sq. ft. with 15,856 sq. ft of land.
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PPIN 84300: Property #4 with no address has 4,748 sq. ft. of land.
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PPIN 33014: Property #5 - 0 Satsuma has 10,541 sq. ft. of land.
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PPIN 33034: Property #6 - 100 Laurel Street has 1194 sq. ft. with 16,074 sq. ft of land.
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PPIN 636266: Property 7 - is vacant parcel measuring 18.4 x 50.6 x 52.8.
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Parcels 1, 2, 3, 4, 5, 6, and Bush per Plat recorded in Instrument 1795040 in BALDWIN County Probate Records. Listing information deemed accurate but not guaranteed. Buyer to verify all information to satisfaction during contingency period(s). Contact Sandy Wise at 251-583-8968, Laura Norton at 251-422-3300 or Weston Robles at 251-979-9500 for additional information.
.
PPIN 6696: Property #1 - 701 S Mobile Street, The Baron Inn, is 9840 sq. ft. with 35,153 sq. ft of land.
.
PPIN 33005: Property #2 - 26 Laurel Street is 1435 sq. ft. with 23,435 sq. ft of land.
.
PPIN 5846: Property #3 - 709 S. Mobile Street is 768 sq. ft. with 15,856 sq. ft of land.
.
PPIN 84300: Property #4 with no address has 4,748 sq. ft. of land.
.
PPIN 33014: Property #5 - 0 Satsuma has 10,541 sq. ft. of land.
.
PPIN 33034: Property #6 - 100 Laurel Street has 1194 sq. ft. with 16,074 sq. ft of land.
.
PPIN 636266: Property 7 - is vacant parcel measuring 18.4 x 50.6 x 52.8.
.
Parcels 1, 2, 3, 4, 5, 6, and Bush per Plat recorded in Instrument 1795040 in BALDWIN County Probate Records. Listing information deemed accurate but not guaranteed. Buyer to verify all information to satisfaction during contingency period(s). Contact Sandy Wise at 251-583-8968, Laura Norton at 251-422-3300 or Weston Robles at 251-979-9500 for additional information.
PROPERTY FACTS
| Price | $7,636,750 CAD | Building Size | 15,000 SF |
| Price Per Room | $195,814 CAD | No. Rooms | 39 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1970 |
| Property Subtype | Hotel | Parking Ratio | 1.87/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.81 AC | ||
| Zoning | B-3a - Tourist Resort Lodging District | ||
| Price | $7,636,750 CAD |
| Price Per Room | $195,814 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.81 AC |
| Building Size | 15,000 SF |
| No. Rooms | 39 |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.87/1,000 SF |
| Corridor | Exterior |
| Zoning | B-3a - Tourist Resort Lodging District |
AMENITIES
- Business Center
- Fitness Center
- Restaurant
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 39 | $158.29 CAD | - |
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PROPERTY TAXES
| Parcel Number | 46-03-37-0-013-088.001 | Improvements Assessment | $114,007 CAD |
| Land Assessment | $237,783 CAD | Total Assessment | $351,789 CAD |
PROPERTY TAXES
Parcel Number
46-03-37-0-013-088.001
Land Assessment
$237,783 CAD
Improvements Assessment
$114,007 CAD
Total Assessment
$351,789 CAD
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Barons Inn | 701 S Mobile St
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