$713,000
$749,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
1.3 Acres Lot
SOLD DATE : 04/20/2021
Key Details
Sold Price $713,000
Property Type Vacant Land
Sub Type Zoned,Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 303502
Sold Date 04/20/21
Annual Tax Amount $3,106
Lot Size 1.300 Acres
Lot Dimensions 218 x 260
Property Description
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.
Location
State AL
County Baldwin
Area Orange Beach 1
Interior
Fireplace No
Exterior
Community Features None
Utilities Available Natural Gas Connected, Sewer Available
Waterfront No
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Building
Lot Description Lot, 1-3 acres
Water Orange Beach Water Auth
Schools
Elementary Schools Orange Beach Elementary
High Schools Gulf Shores
Others
Ownership Whole/Full
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Bought with Ashurst & Niemeyer LLC
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REALTOR® | Lic# 29315
24951 Perdido Beach Blvd., Suite 100 | Orange Beach, AL, 36561