12865 Saeger Road, Grand Bay, AL 36541

Great property in the growing community of Grand Bay. Alabama. This property has a unique setup now as a church with an additional building now set up as apartments. This could easily be used for education building. Or the whole set up changed to retail. Located on a main road, and only recently renovated, it already has a strong income stream. The church/multi-purpose building has 2 full bathrooms with showers, a large gathering area, a kitchen with range and refrigerator, a large room currently set up for a dining area, 1 office with a restroom, exterior storage rooms and a covered rear patio. This building could easily be converted for educational or retail use, more apartments and the storage area converted for tenant use laundry facility.  Handicap accessible entrances. Use your imagination and business skills. Exterior and interior refreshing in process, so some apartments are occasionally vacant. As is rented as a church with apartments, the cap rate is over 10%. There are no restrictions or zoning requirements.