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23206A 5th Avenue, Florala, AL

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23206A 5th Avenue

Florala, AL 36442-3419


Property Type:Retail Sub Type:Storefront Retail/Office Status:Existing , Renov 2015 Year Built:1900
Building Size:22,000 SF Land Area:1 AC (43,560 SF)
For Sale Price:$1,254,000 Price/SF:$57.00
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 1.82/1,000 SF
Features:Air Conditioning, Balcony, Corner Lot, Fireplace, Hotel, Restaurant, Security System, Signage, Signalized Intersection, Tenant Controlled HVAC, Underground Space, Vending Machines, Kiosk Cart, Center Mixed Use, Storage Space



Sale Notes:
Prime Investment opportunity! This is an already thriving retail & B&B situated on the 3rd busiest crossroads in Covington County, Alabama. Florala, Alabama borders Florida & Alabama and is known as "The Gateway to The Gulf". We're located less than 1-hour from the sugar sands of the Gulf of Mexico. This business is priced to sell and was just reduced from $59 to $57 per square ft! The property offers an exceptionally diverse platform for numerous business ventures, i.e. retail, warehousing, hospitality, professional office space, loft apartments & just about anything else! The property has abundant parking, the frontage is on the main street going thru town. The building was built in the early 1900s and externally reconditioned to capture the look of that era. This is a high volume, high foot traffic & dismount area for thousands of tourists monthly with surrounding professional offices, grocer, medical facility, schools, campgrounds, historical landmarks and the largest natural lake in Alabama. Property is also positioned with 4-on-site residence quarters a grand total of 5-bathrooms, active B&B, commercial kitchen, 2000 sqft professional wood crafting work-shop, basement with sewing and embroidery station and office area plus tons more...give me a call or text at 850-737-3968 to open a dialogue on this impressive opportunity. The business can be available sooner than the 30-days mentioned in the occupancy tab above. Brand new commercial grade metal roof has also just been installed. Additionally the electrical is new throughout and all HVAC units have been re-positioned. As always we are open to all discussions. We can be reached at 850-865-7221 or 850-737-3968 for more details and to schedule your viewing.

The One Eared Rabbit
Dave Barger
(850) 737-3968

Sharlyn Barger
(850) 865-7221




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