1007 Springhill Ave, Mobile, AL 36604 | MLS 532229 | Listing Information
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1007 Springhill Ave, Mobile, AL 36604

$199,000
|
|
MLS# 532229
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Last Updated: 12/8/2016 8:23 AM
Description for 1007 Springhill Ave Mobile, AL 36604
Commercial Property with 5 units. Approximately 15000 sq ft of warehouse space(9800 sq ft and 5000 sq ft, separate units) and office space available (Approximately 1500 sq ft and 1200 sq feet)separate units. Excellent location for immediate investment or future development. Includes 3 parcels sold together 116 Pine Street (450 feet), 1008 Oak Street (130 feet) and 1007 Spring hill Avenue (150 feet). Current rental income is 1300 per month. 5 separate units and 2 are currently leased. Projected gross rental income is 2500 per month. Tenants pay utilities and owner pays insurance and taxes. No CAM. Seller pays ground maintenance. Do not disturb tenants without appointment. Sold as is where is, subject to court approval. Title conveyed by administrators deed. Proof of funds to accompany all offers. 2 heated and cooled office units, one with large asphalt pad ideal for parking cars or retail vehicle sales and 2 or 3 warehouse units.
Price
$199,000
MOBILE
532229
Active
Description
Commercial Property with 5 units. Approximately 15000 sq ft of warehouse space(9800 sq ft and 5000 sq ft, separate units) and office space available (Approximately 1500 sq ft and 1200 sq feet)separate units. Excellent location for immediate investment or future development. Includes 3 parcels sold together 116 Pine Street (450 feet), 1008 Oak Street (130 feet) and 1007 Spring hill Avenue (150 feet). Current rental income is 1300 per month. 5 separate units and 2 are currently leased. Projected gross rental income is 2500 per month. Tenants pay utilities and owner pays insurance and taxes. No CAM. Seller pays ground maintenance. Do not disturb tenants without appointment. Sold as is where is, subject to court approval. Title conveyed by administrators deed. Proof of funds to accompany all offers. 2 heated and cooled office units, one with large asphalt pad ideal for parking cars or retail vehicle sales and 2 or 3 warehouse units.
Listing Information
Property Type: General Commercial, Other
0.85 Acres $1,658
Neighborhood
Room Information
Exterior / Lot Features
20 Parking Spaces,
None
Financial Considerations
R02-29-06-40-0-009-036.

Mobile Real Estate

Mobile is located in Alabama. Mobile, Alabama 36604 has a population of 195,239.

The median household income in Mobile, Alabama 36604 is $38,722. The median household income for the surrounding county is $42,973 compared to the national median of $53,046. The median age of people living in Mobile 36604 is 35.6 years.

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Courtesy: CAIN REAL ESTATE CO
All information provided is deemed reliable but is not guaranteed or warranted and should be independently verified. The data relating to real estate for sale on this web site comes in part from the IDX/RETS Program of the Gulf Coast Multiple Listing Service, Inc. IDX/RETS real estate listings displayed which are held by other brokerage firms contain the name of the listing firm. The information being provided is for consumer's personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2016 Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed or warranted and should be independently verified. Copyright 2016 GCMLS. All rights reserved.
Information is deemed reliable but is not guaranteed.

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