For Sale
$695,000

368 Commercial Park DrFairhope, AL 36532

Prime Fairhope location, 4,159 SF office building.

Source: https://www.saltercompany.com

Overview

Added:
Jan 31
Days on market:
68
This exceptional 4,159 square foot office building presents a compelling investment opportunity in the thriving city of Fairhope, Alabama. Situated on a 0.91-acre lot at 368 Commercial Park Dr, 36532, this property is currently generating income as a multi-tenant investment. The building boasts a well-designed layout, easily adaptable to various configurations. Ten individual offices offer flexibility for diverse business needs, complemented by a spacious conference room, a convenient break room, and four restrooms. The building's excellent condition ensures immediate occupancy and potential for strong rental returns. The net usable space totals 3,681 square feet. This property is ideal for both owner-occupancy and continued operation as a rental investment. The asking price is $695,000. Serious inquiries are encouraged. This is a rare chance to acquire a well-maintained, income-producing asset in a highly desirable Alabama location.

Highlights

  • Prime Fairhope location, ideal for owner-occupancy or investment.
  • Tenants in place generating income; strong potential for future growth.
  • Spacious layout with 10 offices, conference room, break room, and 4 restrooms.

Property Details for 368 Commercial Park Dr

Property type
Residential offices, Office properties
Square Feet
4,159 SF
Price / Square Foot
$167.11
Class
C
Year Built/Renovated
1994/2020
Buildings
1
Stories
1
Elevators
N/A
Net Rentable (sq. ft)
3,681 SF
Lot Size (sq. ft)
39,733 SF

Location Insight

City
Fairhope
County
State
Alabama

FAQs

What type of property is this?
Residential office - Prime Fairhope location, 4,159 SF office building.
Where is the residential office located?
The property is located at 368 Commercial Park Dr Fairhope, AL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Prime Fairhope location, ideal for owner-occupancy or investment.; Tenants in place generating income; strong potential for future growth.; Spacious layout with 10 offices, conference room, break room, and 4 restrooms.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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368 Commercial Park Dr
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