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    369 S Mobile St Fairhope, AL 36532

    Source: https://www.saltercompany.com
    For Lease
    $3,250 /Mo ($32 SF/Yr)

    Prime Mobile Bay retail, 1,188 sq ft.

    Lot size:
    1,188 SF

    Description

    Added:
    Mar 6, 2025
    Days on Market:
    284
    This 1,188-square-foot retail property in Fairhope, Alabama, boasts 154 feet of road frontage along Mobile Bay. Previously occupied by a successful sno-cone business, the space features a built-out commissary kitchen including an operational bathroom with vanity, a second room with mop sink, hand sink, and hot water heater. Exterior space allows for food truck parking with convenient sewer and water hookups. The property has a history of diverse retail uses, demonstrating its adaptability. Furthermore, pre-approved plans for a mixed-use building with residential condos above the retail space are available upon request, presenting a unique opportunity for expansion or redevelopment. The lease is a NNN lease with a term of 1-2 years, and the monthly rent is $3,250. The property is located at 369 S Mobile St, Fairhope, AL 36532. This location offers exceptional visibility and access for any retail venture. Don't miss this chance to secure a prime retail space in a thriving coastal Alabama community.

    Property Features for 369 S Mobile St

    General Information

    Property type
    Other retail properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    1,188 SF
    USF (Usable sq. ft)
    1,188 SF
    Class
    A
    Total Parking Spaces
    9
    Elevators
    N/A
    Total Rate
    3250
    Lease Term
    1-2 Years

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 1,188 sq ft retail space in Fairhope, AL, along Mobile Bay.
    • Features 154' of road frontage and a built‑out commissary kitchen.
    • Exterior space accommodates a food truck with sewer and water hookups.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ice Ice Baby ... Ice Cream Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairhope
    State
    Alabama
    Longitude
    -87.91468
    Latitude
    30.517674

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    FAQs

    What type of property is this?
    Other retail property - Prime Mobile Bay retail, 1,188 sq ft.
    Where is this other retail property located?
    The property is located at 369 S Mobile St Fairhope, AL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: 1,188 sq ft retail space in Fairhope, AL, along Mobile Bay.; Features 154' of road frontage and a built-out commissary kitchen.; Exterior space accommodates a food truck with sewer and water hookups.
    (251) 928-9473
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    369 S Mobile St Fairhope, AL 36532
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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
    369 S Mobile St Fairhope, AL 36532
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