115 Fairhope Ave Fairhope, AL 36532

This charming 2-story, 2,080 sq ft hotel in Fairhope, Alabama, presents a unique investment opportunity. Built in 1910 and renovated in 1952, this property boasts original flooring, antique windows, and historic light fixtures. Located on a double lot (.314 acres) in the heart of Fairhope, it's just two blocks from Mobile Bay and downtown, offering stunning sunset views and easy access to local amenities. The B-3 zoning allows for rental income and potential capital appreciation. The hotel features four bedrooms and three bathrooms, plus a separate upstairs apartment with a full kitchen, ideal for guests. The property also offers the potential to add a mother-in-law suite. The asking price is $899,999, with a price per square foot of $432.69. While the elevator is currently non-operational, it could be easily restored. All information should be verified by the buyer during due diligence. This property is a rare chance to own a piece of Fairhope's history and capitalize on its thriving tourism industry. The property is situated at 115 Fairhope Avenue, Fairhope, AL 36532, and is held under a Fee Simple Leasehold ownership. Directions are available upon request.