212 Fairhope Ave - Storefront FOR SALE


Fairhope, AL 36532
$1,600,000 USD
251-223-2614
212 Fairhope Ave, Fairhope, AL for Sale
$1,600,000 USD
Storefront - FOR SALE
1/6
null | 5.85% Cap Rate

212 Fairhope Ave
Fairhope, AL 36532


OVERVIEW

Extremely rare opportunity to purchase a historic commercial building in the Central Business District of Downtown Fairhope, Alabama, the oldest single tax colony in the United States, and one of the fastest growing areas in the entire country. Nestled in the heart of this picturesque coastal town on the Eastern Shore of Mobile Bay, near one of the main intersections of the tree-lined avenue, this property offers the perfect blend of historic charm with 2,600+ square feet of interior space, massive window displays on the avenue, and a beautiful white brick facade, steps away from local boutiques, premiere art galleries, fine dining, and the iconic Fairhope Pier. In 2023, the Alabama Department of Tourism recorded 8.4 Million visitors in Baldwin County, with $7.9B in revenue generated. -100% LEASED THROUGH 2030 -Modified gross leases -Suite A(retail/bar/restaurant): ~1600 sqft -Suite B(professional office): ~1000 sqft -Patio space on the front and side -Zoned B-2 General Business -Historic Property- Registered with the Baldwin County Historic Development Commission -Fairhope Single Tax Property -Fully modernized in 2025 -Updated HVAC -New roof- 2015 and 2025 -Suite B gut renovation completed 2025 Call Daniel Whitworth for more information: (251)-223-2614

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$612 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

B-2

APN/PARCEL ID

46-03-37-0-602-001.507

ASK ABOUT THIS PROPERTY

Daniel WhitworthCarrie Fitts Real Estate FHMore Info
251-223-2614

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Daniel WhitworthCarrie Fitts Real Estate FHMore Info
251-223-2614

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.