2851 Spring Hill AveMobile, AL 36607

This exceptional 59,000+-square-foot commercial property, located at 2851 SpringHill Ave in Mobile, Alabama (zip code 36607, Mobile County), presents a unique investment opportunity. Situated on a high-visibility corner lot, this multi-use property is zoned B-3 Commercial and offers significant potential for a variety of businesses. Currently featuring four fully leased houses, the site is ideal for retail, fast-food establishments, auto parts stores, or similar ventures. The asking price is $699,000, translating to $11.85 per square foot. This property's versatility is further enhanced by the owner's willingness to build to suit qualified prospects, making it an attractive option for those seeking a customized space. The property's location in the Crichton area ensures high traffic volume and excellent visibility. The existing lease income from the four houses provides immediate cash flow, while the expansive size and flexible zoning allow for a wide range of development possibilities. This presents a strong potential for a 1031 exchange. The APN is R022908181003089.01. This is a multi-tenant property with a variety of permitted uses including convenience store, gas station, restaurant, and car wash.