22853 N Al 59, Robertsdale, AL 36567

$499,000

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List Price
$499,000
Status
ACTIVE
MLS#
412916
Acres
0.40
County
Baldwin
Region
Baldwin
Legal Description
150 X 128 ROBERTSDALE LOTS 1-6 BLK 6 LESS RD R/W FOR CHICAGO ST SEC 6 T6S R4E RP 329 PG 1313 (WD/SURVIVORSHIP)
Year Built
1984

Property Description

Investment opportunity, fully occupied commercial strip center offered at $499,000, 7% cap rate, value add opportunity for a 10% cap rate. Located directly on State Hwy 59 with 150ft. of frontage in Robertsdale this is a stabilized income producing asset with upside potential. Buyer to verify all information during due diligence.

Additional Information

Roof
Metal
Stories
1

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Listing courtesy of Crye Leike Gulf Coast Real Est.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .