• 22853 N Al. 59, Robertsdale, AL 36567 Main Photo

22853 N Al. 59
Robertsdale, AL 36567

$499,000

7 Photos

Listing Details

  • $499,000
  • MLS# 412916
  • Type Commercial - Retail
  • Status Active
  • 0.400 acres
    Lot Size
  • 1984
    Year Built

Listed By

Agency Name: Crye Leike Gulf Coast Real Est
Agency Phone: 251-405-2608

Shown By

Agent Name: Rachael Johnson
Agent Phone: Cell: (850) 377-3144
Agency Title: Levin Rinke Realty

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Home Value Estimate


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.

Features

  • Electric
  • 1.0 Story
  • $2,610 Taxes
  • Built in 1984

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