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26260 Al-59 Hwy

1,363 SF Office Building Loxley, AL 36551 $299,000 ($219/SF)

Investment Highlights

  • Being sold as is, merchandise can be negotiated. Per the seller, 3 power poles on the property, 2 septics & well as well as 2 separate address for 9

Executive Summary

1.3 acre commercial lot on Hwy 59. This is a high traffic, rapidly developing area with approximately 244' of frontage just south of Loxley. The property does not display a for sale sign, please contact listing agent to schedule a showing. Per owner, the property currently has 3 light poles, 2 septic tanks, 1 well with water tested potable and a building featuring 2 offices/storefronts, a kitchen and a full bath. There are two successful businesses on the property operated by the owner (both are negotiable) in addition to rental income from a small business operating on the property. The lease will carry forward with the new owner. Sellers are motivated, bring us a good offer! Being sold as is, merchandise can be negotiated.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,363 SF
Building Class
C
Year Built
1985
Price
$299,000
Price Per SF
$219
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,363 SF
Building FAR
0.02
Lot Size
1.47 AC
Zoning
B1-A - Highway Commercial
Parking
5 Spaces (3.67 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
42-06-14-0-000-006.000
Land Assessment
$26,080
Improvements Assessment
$4,620
Total Assessment
$30,700
  • Listing ID: 33365704

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 26260 Al-59 Hwy, Loxley, AL 36551

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