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    904 S US Highway 31 Bay Minette, AL 36507

    Source: https://www.saltercompany.com
    For Sale
    $250,000

    Versatile 5,395 SF building, ideal for various uses.

    Property size:
    5,395 SF

    Description

    Added:
    Feb 4, 2025
    Days on Market:
    314
    This exceptional 5,395 square foot commercial property, located at 904 S US Highway 31 in Bay Minette, Alabama, 36507, presents a unique investment opportunity. The building, constructed in 1963, sits on a 0.702 acre lot and offers a flexible layout suitable for a wide range of businesses. Currently zoned B2, the property features a well-equipped bar area, a kitchen with a vent hood, and four restrooms – making it particularly well-suited for restaurants, bars, or other multi-purpose ventures. The building's classic character is complemented by functional amenities and a security system. Adding to its appeal, the sale includes a second lot zoned R3 (High Density Single Family), measuring 160' x 210', offering significant potential for future development. The property's prime location and versatile design make it an attractive proposition for discerning investors seeking a high-return opportunity in a thriving market. The asking price is $250,000. The dimensions of the main building are 125' x 250'.

    Property Features for 904 S US Highway 31

    General Information

    Property type
    Other specialty properties
    Square Feet
    5,395 SF
    Price / Square Foot
    $46
    Class
    C
    Total Parking Spaces
    1
    Elevators
    N/A
    Lot Size
    30,583 SF

    Building Details

    Year Built
    1963
    Buildings
    1
    Stories
    1

    HighLights

    • 5,395 sq ft of flexible commercial space in Bay Minette, AL.
    • Prime location zoned B2, ideal for restaurant or bar use.
    • Includes a second lot zoned R3, offering high‑density single‑family potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bay Minette
    State
    Alabama
    Longitude
    -87.78029
    Latitude
    30.86798

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    FAQs

    What type of property is this?
    Specialty property - Versatile 5,395 SF building, ideal for various uses.
    Where is this specialty property located?
    The property is located at 904 S US Highway 31 Bay Minette, AL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 5,395 sq ft of flexible commercial space in Bay Minette, AL.; Prime location zoned B2, ideal for restaurant or bar use.; Includes a second lot zoned R3, offering high-density single-family potential.
    (850) 564-0120
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    904 S US Highway 31 Bay Minette, AL 36507
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    Bay Minette, AL 36507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    904 S US Highway 31 Bay Minette, AL 36507
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