1123 Somerville Rd SE - Restaurant FOR SALE


Decatur, AL 35601- Downtown Decatur
$395,000 USD
256-566-8002
1123 Somerville Rd SE, Decatur, AL for Sale
$395,000 USD
Restaurant - FOR SALE
1/12
null | Request Cap Rate

1123 Somerville Rd SE
Decatur, AL 35601
Downtown Decatur


HIGHLIGHTS

  • Heavy foot traffic
  • Highly accessible
  • Fully leased

OVERVIEW

This retail property, priced at $395,000, is located at 1123 Somerville Rd SE in Decatur, AL. The property has multiple potential applications and is currently leased to a thriving restaurant on a NNN basis. Situated on a 0.17-acre lot, the building spans approximately 2,310 square feet and features a single story construction with masonry on a wood frame and a concrete block foundation. The interior is finished with drywall and tile flooring. Built in 1961, the property includes surface parking with 17 spaces and is fully serviced with all utilities and sewer access. It is not located in a flood plain and benefits from high visibility, with approximately 8,400 vehicles passing daily. The location is directly across from Decatur Morgan Hospital and just half a mile from 6th Avenue, offering strong potential for customer traffic.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Use Investment Property

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

M-C

APN/PARCEL ID

03-04-20-3-020-006.000

ASK ABOUT THIS PROPERTY

Tillman HurstGateway Commercial BrokerageMore Info
256-566-8002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Tillman HurstGateway Commercial BrokerageMore Info
256-566-8002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.