Corner Lot at Lighted Intersection in Desirable Midtown Location

Vacant Land for Sale
Catylist Listing ID: 30379643
Property Subtypes: Office, Retail, Other
Gross Land Area: 14,850 SF
Sale Price: $93,250
Unit Price: $6.28 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/8/2024

Overview / Comments

Location, Location, Location!!! This area/intersection is primed for redevelopment, and near the Mitchell Cancer Institute, Ronald McDonald House, USA Infirmary Hospital, McGill Toolen High School, St. Mary's Catholic School, assisted living facilities, banks, and numerous medical related businesses. This site was the former beloved Freeman House Restaurant, a breakfast restaurant similar to Waffle House back in the 60's. This site is on Springhill Avenue at the lighted intersection of North Catherine St, situated across from Lyons Park with its iconic Spanish oak draped trees, live oaks, pickle ball courts, and expansive green space. It's also situated across from the site of the original Providence Hospital, where the Daughters of Charity were in the early stages of their ministry.

* 106' Frontage on Springhill Ave.
* 150' Frontage on N Catherine St.
* High traffic count with over 21,000 vehicles per day.
* Dense Midtown population.
* Out of town owner wants this property SOLD! Bring ANY offer!

Attachments & Media

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2907250004144.000
Zoning: B2
Property Visibility: Excellent
Feet of Frontage: 256
Traffic/Vehicle Count: 21,000
Zoning Description: B2 Zoning

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,310 74,165 132,371
Median Age: 37.72 36.6 35.85
Households: 5,360 29,302 52,045
The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Moody's assume any liability for errors or omissions.