Live-Work Office
23571 Highway 59 Robertsdale, AL 36567
23571 Highway 59, Robertsdale, AL, 36567
$589,000
For Sale
$589,000
Office space with a kitchen and multiple offices, plus an on-site 3-bedroom, 2-bath home and paved parking lot.
Property Size1,600 SF
Price / SF$368.13
Days on Market302
Property Features for 23571 Highway 59
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1980
Listing agency
Inshore Realty LLC
(251) 747-2603
Listed by
Dean Skipper Jr · License #53032
(251) 747-2603
Source
Xome
Added: Sep 23, 2025 Updated: Jul 20 at 9:09PM Checked: Jul 21 at 3:11AM
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 Inshore Realty LLC
Investment Insights
Based on property information with market context.
This live-work commercial property includes an office space with a kitchen and several additional offices. The site also has an in-place long-term tenant in a separate home on the property. The home is described as a 3-bedroom, 2-bath residence, and the paved lot provides for parking on-site.
The property has road frontage to Highway 59, supporting business access for tenant or customer use. Public remarks note that the property has previously been used for different businesses, including a veterinary office and a law office.
For buyers or tenants, the configuration offers flexibility to utilize the office portion and the home component as separate spaces, while also accommodating an existing long-term tenant in place. All information should be verified by the buyer during due diligence, and leasing details are referenced as MLS 388034.
The property has road frontage to Highway 59, supporting business access for tenant or customer use. Public remarks note that the property has previously been used for different businesses, including a veterinary office and a law office.
For buyers or tenants, the configuration offers flexibility to utilize the office portion and the home component as separate spaces, while also accommodating an existing long-term tenant in place. All information should be verified by the buyer during due diligence, and leasing details are referenced as MLS 388034.
Key Highlights
- Commercial property in Robertsdale with office space that includes a kitchen and multiple offices
- On‑site 3‑bedroom, 2‑bath home used by an in‑place long‑term tenant (approx. 2,100 SF+/-)
- Year built 1980
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.7k | $19.20 |
| − Vacancy | −$5.8k | −$3.65 |
| EGI | $24.9k | $15.55 |
| − OpEx | −$6.2k | −$3.89 |
| NOI | $18.7k | $11.66 |
1,600 SF · lease $19.20/SF/yr · vacancy 19.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$266.6K
$233.3K – $311.0K
NOI $18,662 @ 7.0% cap · market cap 3.17%
Second Best
Mixed Use
$211.8K
$185.3K – $247.1K
NOI $14,823 @ 7.0% cap · market cap 2.52%
Theoretical Best
Office A
$384.8K
$336.7K – $448.9K
NOI $26,934 @ 7.0% cap · market cap 4.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Office space with a kitchen and multiple offices, plus an on-site 3-bedroom, 2-bath home and paved parking lot.
Where is this live-work space located?
The property is located at 23571 Highway 59 Robertsdale, AL.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Commercial property in Robertsdale with office space that includes a kitchen and multiple offices; On‑site 3‑bedroom, 2‑bath home used by an in‑place long‑term tenant (approx. 2,100 SF+/-); Year built 1980
