316 AL-59 - Restaurant FOR SALE


Summerdale, AL 36580
$950,000 USD
316 AL-59, Summerdale, AL for Sale
$950,000 USD
Restaurant - FOR SALE
1/19
null | Request Cap Rate

316 AL-59
Summerdale, AL 36580


HIGHLIGHTS

  • Strategic location on Hwy 59, known for its high traffic count, guarantees optimal exposure for any business venture.
  • Centrally located between the beach and I-10.

OVERVIEW

Commercial building situated directly on Hwy 59 in the growing town of Summerdale, AL. While its primary use has been a restaurant, this building’s visibility presents numerous possibilities! The building currently features a full kitchen, large dining area, bar, restrooms, and parking. Current zoning is B-2. PPIN: 82425 is also available for purchase for $500,000.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

B-2

APN/PARCEL ID

48-09-30-4-000-003.003

ASK ABOUT THIS PROPERTY

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