Fairhope AL Real Estate & Commercial for Sale

Unlock the investment potential of a historic gem in the heart of Fairhope, Alabama. Presenting an unparalleledopportunity, this iconic property, dating back to 1910, is now on the market for investors with a keen eye for prime real estate. Strategically positioned on nearly half an acre and zoned B3B, the estate is mere steps from Fairhope Pier and the vibrant downtown district, positioning it as a premier investment in Fairhope's thriving real estate landscape. Situated at the sought-after crossroads of Fairhope Avenue and Bayview Street, this two-story residence is surrounded by lush, mature trees, offering an oasis of tranquility within a bustling urban setting.The property boasts a meticulously renovated 1BR/1BTH guest cottage within its expansive double lot, presenting a unique blend ofresidential charm and commercial viability. With its flexible B3B zoning, the estate is perfectly suited for a variety of uses, including single and multi-family dwellings, mixed-use developments, professional offices, retail spaces, and hospitality ventures such as hotels, motels, restaurants, and bars. This zoning also opens the door to profitable short-term rental ventures, further elevating its attractiveness in the dynamic Fairhope market. This exceptional property represents a rare investment in downtown Fairhope's storied past and bright future.Investors are encouraged to perform thorough due diligence to fully understand the lucrative potential of this distinctive offering. Contact your preferred real estate professional for an in-depth exploration of this unmatched investment opportunity, where historical elegance converges with contemporary flexibility in one of Fairhope's most coveted locales.

This GOLD FORTIFIED Duplex is truly a unique property, currently used as a short-term rental. The Retreat on Nichols is perfectly located near downtown Fairhope and comes FULLY FURNISHED with all furniture and personal property on-site currently used for short-term guests to convey! PARTIAL OWNER FINANCING AVAILABLE! Conveniently situated with just a short walk to downtown for shopping and dining or a quick golf cart or bike ride to the majestic Mobile Bay! The Retreat consists of 2 lavish contemporary micro-cottages, gated and fenced. This solid structure was built to gold fortified standards and boasts standing poured concrete walls! The Retreat includes two private 720 sqft luxury 1BR/1BA units that can be offered together or separately for rent making the ideal for a getaway or for a special place to reside privately next to loved ones! Each unit is suitable to sleep 4 adults comfortably with a king size bed and sleeper sofa in each unit. The units are separated by common area including a large storage/stock room with an additional full bathroom. This property boasts all the trimmings to create a resort environment throughout the common areas including electric vehicle charging stations, outdoor gaming area, outdoor kitchen area, wood-fire oven, fire pit, a laundry area, outdoor dining and patios, ample extra parking on the adjacent lot included in the sale and more!Property could also be remodeled to accommodate your new business location such as an office space, potentially housing multiple private office suites in each unit. Truly a must see! Property includes PPIN's 361758 & 359953. DEEDED LOTS! Buyers agent to verify all measurements. All information deemed reliable but is not guaranteed. Contact your favorite real estate agent today to schedule a showing! More information available upon request.