701 S Mobile Street Fairhope, AL $ 5,500,000
701 S Mobile Street
$ 5,500,000
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701 S Mobile Street

Fairhope, AL, 36532
$ 5,500,000
Bedrooms-- Baths-- Sq 9,900

Monthly Estimate*

$ 33,864

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Commercial Property for sale in Fairhope, AL

for $5,500,000. This 9,900 square foot building was built in 1952 on a lot size of 0.81.

Across from the Mobile Bay in downtown Fairhope sits the old Magnolia Inn, now known as Baron's Inn, and this property is NOW for sale. There are a total of seven (7) parcels for sale, and all properties are being sold together. This is a 24-unit Hotel with 3 Residential houses and 3 Commercial lots. With approx. 9900 +/- sq. ft. of Motel space, with some ingenuity you can create a Motel that is once again a Fairhope destination for families and visitors to the Gulf Coast region. Main building has multi-levels with rooms up and down as well as separate cottages & properties that are being sold together. PPIN 6696, zoned B3A: Property #1 - 701 S Mobile Street, The Baron Inn, is 9840 sq. ft. with 35,153 sq. ft of land. PPIN 33005, Zoned B3A: Property #2 - 26 Laurel Street is 1435 sq. ft. with 23,435 sq. ft of land. PPIN 5846, Zoned R2: Property #3 - 709 S. Mobile Street is 768 sq. ft. with 15,856 sq. ft of land. PPIN 84300, Zoned R2: Property #4 with no address has 4,748 sq. ft. of land. PPIN 33014, Zoned B3A: Property #5 - 0 Satsuma has 10,541 sq. ft. of land. PPIN 33034, Zoned R2: Property #6 - 100 Laurel Street has 1194 sq. ft. with 16,074 sq. ft of land. PPIN 636266. Property 7 - is vacant parcel measuring 18.4 x 50.6 x 52.8.Buyer to verify all information to satisfaction during contingency period(s). Buyer to verify all information during due diligence.

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Commercial Active

Price

$ 5,500,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.81

Year Built

1952

Town/City

Fairhope

County/Region

Baldwin

MLS | Web ID

390130

List By
Henry Sandy Wise

Listing Agent

Wise Living Real Estate Llc

Broker

sandy@sandywise.net

Email

Affordability Calculator

$33,864
Per Month
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Monthly Principal & Interest
$33,864
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/12/2026$5,500,000 Listed Price

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701 S Mobile Street, Fairhope, AL, 36532 is a Commercial Property for sale at $5,500,000 with 9,900 sqft and a lot size of 0.81. 701 S Mobile Street was built in 1952. The property's zip code is 36532 which is in Fairhope, AL