21765 A Highway 181, Fairhope, AL 36532

$2,515,000 Asking Price

3 beds
3 baths
1,848  sqft
Built in 2001

Located on HWY 181 in the desirable Fairhope, Alabama area, with excellent visibility, this property consists of a medical office, residential home, and metal shop. This is a prime opportunity for medical professionals looking to acquire an office with an adjoining primary residence allowing for a short commute to work or additional income as a residential investment property. The medical office portion listing with address 21875 AL-181, Fairhope, AL 36532 can be found at [ https://www.gulfcoastcmls.com/listing/30875745 ]Residential Portion: -A +/-1,800 SF, 3 bed, 2 bath tenant-occupied residential home and +/- 1,600 SF metal shop. The residential property is zoned RSF-1, "Single Family District," and would need to be rezoned for commercial use. Medical Office Portion: 5,782 SF medical office, renovated in 2020, designed to accommodate 1 or 2 users. 4,782 SF is currently owner-occupied but can be vacated upon sale. 1,000 SF is leased to a flexible short-term tenant. Negotiable inclusion of medical furniture, fixtures, and equipment in the sale. This property benefits from Baldwin County’s rapid growth, which has seen a 27.2% population increase from 2010-2020, making it the seventh fastest-growing metropolitan statistical area (MSA) in the U.S. Buyer to verify all information during due diligence.

Features & Amenities

Interior

General:
Other Rooms (See Remarks), Ceiling Fan(s), En-Suite, High Ceilings
Master Bedroom:
1st Floor Primary, Multiple Walk in Closets, Walk-In Closet(s)
Master Bath:
Double Vanity, Separate Shower, Shower Only
Appliances:
Dishwasher, Convection Oven, Dryer, Electric Range, Washer, Cooktop
Flooring:
Laminate
Heating:
true, Heat Pump
Fireplace:
Living Room, Fireplace, Fireplaces: 1

Exterior

General:
Storage, Termite Contract
Style:
Traditional
Parking:
Attached, Double Garage, Automatic Garage Door, Parking spaces: 2

Construction

Roofing:
Dimensional
Windows:
Window Treatments
General:
Vinyl Siding, Wood Frame, Two, Slab

Location

Golf:
Internet
Originating MLS:
Baldwin County
County:
Baldwin

Lot

Zoning:
4602100000030.001
View:
None/Not Applicable
Fencing:
Partial

Utilities

Utilities:
Fairhope Utilities
Water:
Public
Sewer:
Septic Tank

Financial

Source:
Baldwin County
Ownership:
Whole/Full

This listing courtesy of:
White-Spunner Realty, Inc., William Stitt

About Fairhope, AL

Housing

Number of Units
19,154
Median Home Value
$318,015
Median Rent
$1,021

16.22% of housing units are renter occupied.

10.34% are vacant.

Commute

Car
67.35%
Public Transportation
0.09%
Walk to Work
0.58%
Work from Home
30.26%
Other
1.53%

The median travel time to work is 18 minutes.

People

Population
41,114
Median Age
45.30
Median Household Size
2.72

Education

High School
18.56%
Associate’s Degree
8.59%
Bachelor’s Degree
30.24%
Graduate Degree
17.85%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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