202 S Mobile St Emma's Bayhouse is a rare live/work hospitality and event opportunity in the heart of Fairhope, just steps from Mobile Bay and the Fairhope Municipal Pier. Currently configured as a charming bed-and-breakfast and event venue, this unique property combines coastal living with significant income-producing potential. Commercially zoned and designed to accommodate gatherings of up to 150 guests, the property features a fire sprinkler system, elevator, ADA-accessible restrooms, commercial kitchen, multiple guest suites, expansive first- and second-story porches, and beautiful indoor and outdoor gathering spaces. Located immediately adjacent to the Fairhope Municipal Pier and bayfront park, the property benefits from convenient nearby public parking, ADA-accessible waterfront amenities, and exceptional walkability to downtown Fairhope's restaurants, shops, parks, and attractions. The property is being offered fully furnished, creating a compelling turnkey opportunity for an owner-operator, hospitality investor, event venue operator, or buyer seeking a distinctive Fairhope residence with the ability to generate income. Live on-site, operate the business personally, or utilize an on-site manager while taking advantage of the property's combination of lodging, events, hospitality, and coastal lifestyle potential. Few properties in Fairhope offer this combination of location, commercial functionality, accessibility, accommodations, and proximity to Mobile Bay.