24689 Commercial Av

Under Contract
Orange Beach, AL 36561

$795,000

(Calculating...) /mo (Est.)
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Excellent location on Commercial Avenue in the heart of Orange Beach! The property is directly east of the golf course. It's made up of two lots, with a total road frontage of 219 feet on Canal Road. Electric and City Water are already connected, and City Sewer and Gas are available. There are many possible uses for this property. And the location can't be beat! What they are selling is the two lots, not a business. The property is already fenced and currently being used as a boat and RV storage facility, but the possibilities here are endless. As it's currently being used there is space for 72 boats/RV's, and in May the spaces were approximately 95% rented. In the off season the spaces are generally 80% rented, and in the summer they are generally 100% rented. The Seller leases the spaces on a month-to-month basis, so he will need to give the tenants 30 days notice once the property goes under contract. If the Buyers wish to take over the boat storage business the Sellers will provide them with the contact information for the tenants.
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Melissa White - Bellator Real Estate
Melissa White

REALTOR®

251.752.9100

Property Details

MLS
303502
Property Type
Zoned
County
Baldwin
Acres
1.3
HOA
No
Property Taxes
$3,106.00

Area Infomation

Orange Beach , AL

Orange Beach is a coastal city located east of Gulf Shores and cradles the Alabama/Florida state line. The world-famous FloraBama is situated along the state line and is perhaps one of the most popular hangouts in south Baldwin County. Multiple events take place each year at the FloraBama, including the Polar Bear Dip and the Mullet Toss. Dolphin cruises, deep sea fishing, parasailing, shopping and dining are some of the most popular things to do while visiting Orange Beach. Orange Beach is home to The Wharf, a large shopping/entertainment complex, featuring a 10,000-seat amphitheater. Dozens of bands and musicians pour into the amphitheater each year, with many concerts selling out months before the show. During the summer months, thousands of people flock to Orange Beach for a vacation getaway at one of the area’s many condominiums, which line the sugar sand beaches as far as the eye can see. New commericial and residential developments in the area make Orange Beach a popular destination for buyers and vacationers alike.
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Bellator Listed 28 days ago by Bellator Real Estate & Dev Orange Beach

Information obtained from Baldwin Realtors is current as of 09/28/20 04:21 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.