314 Magnolia Ave, Fairhope, AL

Multi-family for Sale - $1,150,000 - 2,677 Sq. Ft.

Coldwell Banker Reehl Properties, Inc.

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Agent Info

NameAutumn Gann
CompanyColdwell Banker Reehl Properties, Inc.

Property Info

CIMLS #1027048
Location314 Magnolia Ave
Fairhope AL 36532
Last UpdatedMarch 15th, 2019
Building2,677 Sq. Ft.
DemographicsView data


Property Description

Endless possibilities!!! Unique opportunity to own mixed-use building in Central Business District of Fairhope. Existing building sits near back of lot leaving plenty of room to build additional building on North side. Building currently set up for 4 different spaces & has had up to 4 tenants at a time. East & West office spaces down share common area. Downstairs East office, accessed through red door on front porch & has approximately 566 SF. West office, accessed through main front porch, is currently occupied & offers approximately 590 SF. The Back office (closest to courtyard) is smaller at approximately 340 SF & has a small kitchenette & private restrm. Apartment/office space up has separate exterior entrance on East side of building. Upstairs has just over 800 SF & has 3 offices (or bedrms), a full bath & kitchenette w/room for a small table. Building in need of some renovations, but is full of history & possibilities. Magnolias & Oak trees lend to character & charm of property.

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