Oak Haven Cottages
Multifamily | 19 Units | $259,316/unit
Marketing description
Oak Haven Cottages
New Listing | $4,927,000 | Oak Haven Cottages | Fairhope, Alabama
Now available for the first time, this trophy property is situated on Mobile Street in the heart of the historic "Fruit and Nut" district.
Overlooking Mobile Bay and located within easy walking distance to the Fairhope Pier and downtown, this 2.52-acre parcel offers a rare investment opportunity. The property currently features a large main house and 10 separate cottages comprising 19 total rental units. Most notably, the land carries the coveted B-3b Tourist Resort Commercial Service District zoning, a rare designation in Fairhope. This flexible zoning allows for a wide range of high-value uses, including:
- Short-term vacation rentals
-Mixed-use residential and commercial development
-Boutique hotels, restaurants, and retail
Call Herrington Realty for more information
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