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    557-559 Fairhope Ave Fairhope, AL 36532

    For Lease
    $39 SF/Yr

    New Mixed-Use Retail Space Available

    Lot size:
    24,759 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional new mixed-use development, Portico, offers 18 available retail and restaurant spaces in the vibrant Fairhope, Alabama market. Located at 557-559 Fairhope Ave, 36532, this two-building, two-story complex boasts a total of 24,759 square feet on a 2.06-acre lot. Units range from a minimum of 818 square feet to a maximum contiguous space of 2,675 square feet, with the potential for expansion up to 5,988 square feet. The property is situated in Baldwin County and was newly constructed in 2025, ensuring modern amenities and efficient layouts. Each unit includes a dedicated restroom, a significant advantage for tenants. Suite 104 offers the unique benefit of dual access, from Fairhope Avenue and Portico Street, providing excellent visibility and convenient access. The entire 24,759 square feet is currently vacant, presenting a rare opportunity for businesses seeking a prominent location in a thriving community. This turnkey property is ready for immediate occupancy, offering a seamless transition for new tenants. The property's prime location and modern design make it an ideal investment for a variety of retail and restaurant concepts.

    Property Features for 557-559 Fairhope Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,759 SF
    Total Rate
    80466.75

    Building Details

    Year Built
    2025
    Buildings
    2
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 104 - 559
    Size
    1,693 SF
    Rate per SF
    $39
    Space
    Suite 105 - 559
    Size
    1,419 SF
    Rate per SF
    $39
    Space
    Suite 106 - 559
    Size
    1,470 SF
    Rate per SF
    $39
    Space
    Suite 107 - 559
    Size
    1,406 SF
    Rate per SF
    $40
    Space
    Suite 108 - 557
    Size
    1,406 SF
    Rate per SF
    $40
    Space
    Suite 109 - 557
    Size
    1,470 SF
    Rate per SF
    $39
    Space
    Suite 110 - 557
    Size
    1,418 SF
    Rate per SF
    $39
    Space
    Suite 111 - 557
    Size
    1,238 SF
    Rate per SF
    $39
    Space
    , Suite 205 - 559
    Size
    1,107 SF
    Rate per SF
    $39
    Space
    Suite 206 - 559
    Size
    2,675 SF
    Rate per SF
    $39
    Space
    Suite 207 - 559
    Size
    860 SF
    Rate per SF
    $39
    Space
    Suite 208 - 559
    Size
    860 SF
    Rate per SF
    $39
    Space
    Suite 209 - 559
    Size
    1,389 SF
    Rate per SF
    $39
    Space
    Suite 210 - 557
    Size
    2,492 SF
    Rate per SF
    $39
    Space
    Suite 211 - 557
    Size
    990 SF
    Rate per SF
    $39
    Space
    Suite 212 - 557
    Size
    818 SF
    Rate per SF
    $39
    Space
    Suite 213 - 557
    Size
    1,039 SF
    Rate per SF
    $39
    Space
    Suite 214 - 557
    Size
    1,009 SF
    Rate per SF
    $39

    HighLights

    • 18 available retail/restaurant spaces in a new, two‑building Fairhope, AL mixed‑use development (24,759 SF on 2.06 acres).
    • Units range from 818 SF to 2,675 SF contiguous (potential expansion up to 5,988 SF).
    • Located at 557‑559 Fairhope Ave, Fairhope, AL 36532.
    • Newly constructed in 2025 with modern amenities and dedicated restrooms in each unit.
    • Suite 104 offers dual access from Fairhope Ave and Portico St.
    • Entire 24,759 SF is currently vacant and ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairhope
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.8983886
    Latitude
    30.5232773

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    FAQs

    What type of property is this?
    Restaurant - New Mixed-Use Retail Space Available
    Where is this restaurant located?
    The property is located at 557-559 Fairhope Ave Fairhope, AL.
    What is the lease rate?
    The lease rate is $39-$40 SF/Yr.
    What are key features of this property?
    This property features: 18 available retail/restaurant spaces in a new, two-building Fairhope, AL mixed-use development (24,759 SF on 2.06 acres).; Units range from 818 SF to 2,675 SF contiguous (potential expansion up to 5,988 SF).; Located at 557-559 Fairhope Ave, 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
    557-559 Fairhope Ave Fairhope, AL 36532
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