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Professional Office Building
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24190 US-98, Fairhope, AL 36532

Fully improved office building with 1st- and 2nd-floor suites plus prominent Highway 98 access and signage.

Property Size6,000 SF
Days on Market123

Property Features for 24190 US-98

General Information

Standard status Active
Size 6,000 SF
Total Parking Spaces 31
Property subtype Office

Additional Details

Highway Access Yes

Building Details

Stories 2
Listing Agency: Stirling Daphne
Listed By: Jeff Barnes · License #LA
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 3:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stirling Daphne

Investment Insights

Based on property information with market context.

Montrose Square is a professional office building offering approximately 6,000 square feet of fully improved space suitable for various uses. The property is available for lease with approximately 4,800 square feet on the 1st floor and approximately 1,200 square feet on the 2nd floor.

The building provides excellent access and visibility from Highway 98, with prominent signage available. A 31-space parking lot supports tenant and visitor parking.

As an office property with defined floor-by-floor space, Montrose Square can accommodate a range of operating setups within the existing improvements.

Key Highlights

  • Professional office building with approximately 6,000 SF of fully improved space
  • Available for lease with about 4,800 SF on the 1st floor and about 1,200 SF on the 2nd floor
  • Excellent access and visibility from Highway 98 with prominent signage available

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Pharmacy Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store Furniture & Home Goods Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

794
Businesses Nearby

Demographics for 36532, AL

36,918
Population
17,502
Households
2.1
Avg Household Size
48
Median Age
50%
College-Educated
94%
High-School Grad
73.2 sq mi
ZIP Area
504
Density / Sq Mi
$86,026
Median Household Income
$46,129
Median Earnings
$1,374
Median Rent
$395,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Fully improved office building with 1st- and 2nd-floor suites plus prominent Highway 98 access and signage.
Where is this office building located?
The property is located at 24190 US-98 Fairhope, AL.
What are key features of this property?
This property features: Professional office building with approximately 6,000 SF of fully improved space; Available for lease with about 4,800 SF on the 1st floor and about 1,200 SF on the 2nd floor; Excellent access and visibility from Highway 98 with prominent signage available
(251) 342-7229 Call to check price and availability
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