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$560,000
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Property Description
Unlock the potential of this prime commercial opportunity in the heart of Downtown Fairhope! Ideally situated just steps from the city's boutique shops, unique local dining, and Fairhope's year-round events, this property offers unbeatable visibility and convenience. With a tenant already in place, it provides immediate income while you plan for future growth or redevelopment.The building features flexible interior space suited for a variety of uses, making it a smart investment for those looking to expand their portfolio in one of Coastal Alabama's most desirable markets. Surrounded by steady foot traffic and positioned close to everything Fairhope has to offer, this property is full of promise and ready for its next chapter. Don't miss your chance to own a piece of Downtown Fairhope's thriving commercial landscape! Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 308 Morphy Ave
General
- Price: $560,000
- Status: Under Contract
- Type: Single Family
- Source: 934
- MLS ID: 388446
- Updated: 12/10/2025
- Added to Site: 52 day(s) ago
Rooms
Other Rooms
- Kitchen: Partial Kitchen
Parking
- Parking Features: See Remarks
Location
- Area: Fairhope 5
- County: Baldwin
- Subdivision: AL
- Driving Directions: Headed South on Greeno Rd (Highway 98), turn West (Right) onto Morphy Avenue. Cross over Section Street, building will be on the left.
Heating & Cooling
- Cooling Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Building Size: 2700
- Square Feet: 2,700
- Sq. Ft. Source: Assessor
- Year Built: 1980
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.207
- Lot Size (Sq. Ft.): 9,016.92
- Lot Dimensions: 66 x 132
- Frontage Feet: 66
- Lot Features: Level
- Zoning: Business/Commercial
Disclosures and Reports
- Legal Description: 66 X 132 LOT 3 BLK 30 DIV 2 FST LANDS SE1 4 OF SE1 4 FRAC L SEC 18 GR SEC 37-T6S-R2E MB8 PG60 LEASE RP88 PG1689 IN # 5 84904 IN # 584901
- Property ID: 4603370009005.51
- Block: 3
- Lot Number: 3
Listed by Mobile Bay Realty
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Price & Sales History for 308 Morphy Ave
Date
Details
Price
Change
Source
11/24/2025
Listed
$560,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 308 Morphy Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,182
11%
$90,920
11%
2023
$3,764
6%
$81,820
6%
2022
$3,566
17%
$77,520
17%
2021
$3,035
100%
$65,980
5%
2020
—
$62,880
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 308 Morphy Ave
308 Morphy Avenue, Fairhope, AL 36532 (MLS# 388446) is a Single Family property with 0 bedrooms and 0 full bathrooms. 308 Morphy Avenue is currently listed for $560,000 and was received on November 24, 2025. Want to learn more about 308 Morphy Avenue? Do you have questions about finding other Single Family real estate for sale in Fairhope? You can browse all Fairhope real estate or contact a Coldwell Banker agent to request more information.

