24689 Commercial Avenue

Orange Beach, AL 36561

$713,000
Last Sold Price
56,628 / 1.3
Lot Size / Acres
Get preapproved with Rocket Mortgage1
Closed 4/20/21
Closed 4/20/21

Description

Excellent location on Commercial Avenue in the heart of Orange Beach! The property is directly east of the golf course. It's made up of two lots, with a total road frontage of 219 feet on Canal Road. Electric and City Water are already connected, and City Sewer and Gas are available. There are many possible uses for this property. And the location can't be beat! What they are selling is the two lots, not a business. The property is already fenced and currently being used as a boat and RV storage...Excellent location on Commercial Avenue in the heart of Orange Beach! The property is directly east of the golf course. It's made up of two lots, with a total road frontage of 219 feet on Canal Road. Electric and City Water are already connected, and City Sewer and Gas are available. There are many possible uses for this property. And the location can't be beat! What they are selling is the two lots, not a business. The property is already fenced and currently being used as a boat and RV storage facility, but the possibilities here are endless. As it's currently being used there is space for 72 boats/RV's, and in May the spaces were approximately 95% rented. In the off season the spaces are generally 80% rented, and in the summer they are generally 100% rented. The Seller leases the spaces on a month-to-month basis, so he will need to give the tenants 30 days notice once the property goes under contract. If the Buyers wish to take over the boat storage business the Sellers will provide them with the contact information for the tenants.
  1. Listed by Melissa F White • Bellator Real Estate, LLC Span
    P: (251)-752-9100 C: (251)-752-9100 mwhite@gobellator.com

Property Details for 24689 Commercial Avenue

View
None/Not Applicable
LISTING CLOSED: 04/20/2021 12:00 AM

Property Details for 24689 Commercial Avenue

StatusClosed
MLS #303502
Days on Market188
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Zoned
Year Built-
Lot Size1.30 AC
CountyBaldwin County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Bellator Real Estate, LLC Span

Sold By Ashurst & Niemeyer LLC

Add your commute

Building Information for 24689 Commercial Avenue

Lot Size1.30 AC

Payment Calculator

Get preapproved with Rocket Mortgage1

$3,553 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,553

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 24689 Commercial Avenue

Summary
Location and General Information
  • County Area: Orange Beach1
  • Coordinates: -87.604886, 30.29092
  • Directions: From Hwy 161, turn LEFT on Canal Road. Drive 1.3 miles. Turn RIGHT towards Commercial Avenue, then turn LEFT onto Commercial Avenue. Drive 400 feet, property is on the RIGHT.
  • Latitude: 30.29092
  • Longitude: -87.604886
  • Boat Facilities: Trailer Storage
  • Governing Municipality: Orange Beach
  • Water Property Type: No Waterfront
Taxes and HOA
  • Has Additional Parcels: Yes
  • Association Fee Frequency: Monthly
  • Association: No
  • Tax Block: Lots 2 & 3
  • Parcel Number: 65-03-06-0-000-002.072 and 65-03-06-0-000-002.073
  • Property Tax: 3106
School Information
  • Elementary School: Orange Beach Elementary
  • High School: Gulf Shores
Property
Lot Information
  • Lot Size Comments: 218 X 260
  • Lot Size Acres: 1.3
  • Road Frontage: 219
  • Lot Features: Lot, 1 To 3 Acres
  • Number Of Lots: 2
Property and Assessments
  • Sponsor Unit: false
  • Possible Use: Commercial, Other/See Remarks
Financial Information
  • Current Financing: Conventional, Cash
Green Features
  • Green Verification: No
Utilities
  • Power Production: false
  • Utilities: Sewer Available, Natural Gas Available, Baldwin EMC, Orange Beach Water Auth

Property History for 24689 Commercial Avenue

DateEvent & SourcePriceAppreciation
Apr 20, 2021

Sold

Baldwin REALTORS #303502

$713,000—
Mar 3, 2021

Contract Signed

Baldwin REALTORS #303502

—
Aug 28, 2020

Listed (Active)

Baldwin REALTORS #303502

$795,000—
DateEvent & SourcePrice
04/20/2021

Sold

Baldwin REALTORS #303502

$713,000
03/03/2021

Contract Signed

Baldwin REALTORS #303502

—
08/28/2020

Listed (Active)

Baldwin REALTORS #303502

$795,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 24689 Commercial Avenue

This home is within Orange Beach City.
Rating
School
Type
Grades
Distance
Orange Beach Elementary School
Public - PK to 6
Orange Beach Middle/High School
Public - 7 to 12
Rating
School
Distance
Orange Beach Elementary School
PublicPK to 6

Orange Beach Middle/High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bellator Real Estate, LLC Span

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.