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    55 N Section St Fairhope, AL 36532

    Source: https://www.saltercompany.com
    For Lease
    $40 SF/Yr ($13,000 /Mo)

    Prime Fairhope location, 1,753-3,900 SF office suite.

    Lot size:
    3,900 SF

    Description

    Added:
    Mar 26, 2025
    Days on Market:
    264
    This exceptional office space, located at 55 N. Section Street, Suites A & B in Fairhope, Alabama, offers a versatile and functional layout ideal for a variety of businesses. Situated on the ground floor of a two-story building, this suite boasts a total of 3,900 rentable square feet, easily adaptable to your specific needs. The space includes seven private offices, providing ample room for individual work and confidential meetings. Two dedicated conference rooms offer comfortable and professional settings for client presentations and team collaborations. In addition to the private offices and conference rooms, there's an open area suitable for up to fifteen workstations, fostering a collaborative and dynamic work environment. The property benefits from a convenient location at the northwest corner of N. Section Street and Magnolia Avenue. Parking is readily available with a private lot offering ten spaces, supplemented by on-street parking options. The annual rent is $40 per square foot. This is a fantastic opportunity to establish your business in a desirable Fairhope location. The property is zoned for office use. Contact us today to schedule a viewing.

    Property Features for 55 N Section St

    General Information

    Property type
    Other office properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,900 SF
    USF (Usable sq. ft)
    3,900 SF
    Class
    C
    Total Parking Spaces
    10
    Elevators
    N/A
    Total Rate
    13000

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Prime Fairhope, AL location at 55 N. Section Street.
    • Spacious 3,900 sq ft office suite with 7 private offices and 2 conference rooms.
    • Convenient private parking lot with 10 spaces plus on‑street parking available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dampier Law Firm ... Legal Services Ham & Associates, LLC Civil Law Attorney Western Union Money Transfer Service Law Office PC Lawyer Joseph R Sullivan ... Attorney

    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
    -88.049916
    Latitude
    30.690444

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    FAQs

    What type of property is this?
    Office property - Prime Fairhope location, 1,753-3,900 SF office suite.
    Where is this office property located?
    The property is located at 55 N Section St Fairhope, AL.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: Prime Fairhope, AL location at 55 N. Section Street.; Spacious 3,900 sq ft office suite with 7 private offices and 2 conference rooms.; Convenient private parking lot with 10 spaces plus on-street parking available.
    (251) 432-2600
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    55 N Section 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

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    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
    55 N Section St Fairhope, AL 36532
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