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918 Bienville Blvd 2,631 SF 100% Leased Flex Building Dauphin Island, AL 36528 $1,395,920 CAD ($530.57 CAD/SF) 6.47% Cap Rate

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EXECUTIVE SUMMARY

This versatile three-unit commercial property offers a wealth of opportunities for entrepreneurs, investors, or anyone looking to join the Island's growing business community. Zoned Central Business (CB), this property allows for maximum commercial flexibility. The "Lighthouse Building" is one of the most recognizable buildings, in the highest traffic location on the Island. The three units are tied together by a lovely, park-like lawn shaded by mature live oaks. A charming gazebo offers a cool spot to relax after shopping or to enjoy a treat from one of the three units. The entire property radiates classic Southern charm.
Unit A - 412 SF:
Designed for food service operation, this space includes a commercial kitchen with hood vent, upgraded electrical to support coolers and electric cooktops, and a heated/cooled storage building at the rear. Perfect for a "To-Go" concept, café, coffee, or ice cream shop. This unit also includes one restroom Unit A and B share a common wall and can be combined into a full restaurant or larger commercial space.
Unit B - 1,667 SF:
Currently set up as a retail space, Unit B features vaulted ceilings for an open, airy feel. It includes a checkout counter, two restrooms, office/storage room, and a room inside the iconic lighthouse structure -a unique touch that makes your business unforgettable.
Unit C - 551 SF:
A stand-alone building that is ideal for retail, office space, or a small service business. Independent access and visibility make it an attractive space for a variety of uses.

The owner is retiring from the beloved local business "Dinner's Ready." The business name and assets are available for purchase separately. You can step into an established operation or launch your own vision in this high-traffic location.
Seller will consider separating the units for individual sale, and is willing to offer owner financing. Don't miss this landmark property with unlimited potential. Whether you're starting something new or expanding an existing venture, this is your chance to become part of the Dauphin Island business community! *Buyer to review deed restrictions, zoning or local regulations, and other matters or record. Buyer to verify all information independently. Any and all updates are per Seller(s).

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $110,557 $42.02
Other Income $9,950 $3.78
Vacancy Loss $9,209 $3.50
Effective Gross Income $111,298 $42.30
Taxes $5,882 $2.24
Operating Expenses $5,025 $1.91
Total Expenses $10,908 $4.15
Net Operating Income $100,390 $38.16

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $110,557
Annual Per SF $42.02
Other Income (CAD)
Annual $9,950
Annual Per SF $3.78
Vacancy Loss (CAD)
Annual $9,209
Annual Per SF $3.50
Effective Gross Income (CAD)
Annual $111,298
Annual Per SF $42.30
Taxes (CAD)
Annual $5,882
Annual Per SF $2.24
Operating Expenses (CAD)
Annual $5,025
Annual Per SF $1.91
Total Expenses (CAD)
Annual $10,908
Annual Per SF $4.15
Net Operating Income (CAD)
Annual $100,390
Annual Per SF $38.16

PROPERTY FACTS

Price $1,395,920 CAD
Price Per SF $530.57 CAD
Sale Type Investment or Owner User
Cap Rate 6.47%
Property Type
Flex
  • General Retail Restaurant
  • General Retail Storefront
  • General Retail Storefront Retail/Office
Lot Size 0.33 AC
Rentable Building Area 2,631 SF
No. Stories 1
Year Built/Renovated 1997/2020
Zoning Central Business District - This district is intended to provide locations for retail and wholesale sales and services that accommodate the residential and seasonal population of

AMENITIES

  • Restaurant
  • Wheelchair Accessible
  • Air Conditioning
  • Fiber Optic Internet

UTILITIES

  • Lighting
  • Water
  • Sewer
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
52-01-00-0-022-095
Land Assessment
$39,294 CAD (2024)
Improvements Assessment
$71,313 CAD (2024)
Total Assessment
$110,607 CAD (2024)
Annual Taxes
$5,882 CAD ($2.24 CAD/SF)
Tax Year
2025
  • Listing ID: 38509362

  • Date on Market: 2025-11-19

  • Last Updated:

  • Address: 918 Bienville Blvd, Dauphin Island, AL 36528

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