Catylist ID:
#30823495
Restaurant For Sale
Retail-Commercial
for Sale
Also listed as Shopping Center
| Catylist Listing ID: | 30823495 |
| Property Subtypes: | Free-Standing Building, Restaurant, Retail-Pad, Tavern/Bar/Nightclub |
| Building Size (RSF): | 7,250 SF |
| Gross Land Area: | 28,390 SF |
| Sale Price: | $1,699,000 |
| Unit Price: | $234.34 PSF |
| Is Quick-Service Restaurant? | Yes |
| Property Use Type: | Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
| Sale Terms: | Cash to Seller |
| Average Occupancy Rate: | 100 |
| Last Updated: | 5/6/2024 |
Overview / Comments
|
Fantastic Opportunity to Own a High-End Restaurant with Income Producing Tenant Space in Mobile, AL Are you looking for an investment property that offers both a proven income stream and the potential for expansion? Look no further! This well-placed restaurant in Mobile, AL presents a unique opportunity to purchase a 7,250 sq ft property that includes a 4,439 sf high-end restaurant with upscale interior, outdoor seating, and a large kitchen ready for occupancy. Located on a high traffic corner fronting Cottage Hill Road, this property is prominently situated on an outparcel to a 70,000 sq ft Club4Fitness anchored shopping center. Surrounding retail includes popular establishments such as Catalina Cantina (Under Construction), Foosackly’s, and Walmart Supercenter, guaranteeing a steady flow of customers. Plus, with direct access to Cottage Hill Road and cross access with the shopping center, convenience is key for both patrons and tenants. Key Features: - Building Size: 7,250 sq ft, with 4,439 sq ft available for occupancy - Fantastic restaurant with upscale interior and outdoor amenities - Co-tenant: Mob Boss Pizzeria - Convenient location on a retail corner with high traffic - Prime neighboring establishments attract a diverse customer base Don't miss out on this lucrative opportunity to own a restaurant property with an income-producing tenant. Whether you're looking to expand your portfolio or start a new venture, this property offers everything you need. Contact us today for more information and secure your future in the vibrant Mobile, AL market. |
Attachments & Media
Additional Details
| Nearest MSA: | Mobile |
| County: | Mobile |
| Taxing Authority: | Mobile County |
| Tax ID/APN: | R023401014000002.004 |
| Zoning: | COUNTY |
| Market Type: | Large |
| Retail Clientele: | General, Family, Business, Other |
| Property Located Between: | Schillinger Rd and Dawes Rd. |
| Side of Street: | South |
| Road Type: | Paved, Outlot |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Schillinger Rd. |
| Feet of Frontage: | 125 |
| Traffic/Vehicle Count: | 24,356 |
| Airports: | Mobile Municipal Airport |
| Site Description: | Out Parcel Location fronting Cottage Hill Rd near the corner of Schillinger and Cottage Hill Rd. Property has direct access to Cottage Hill and cross parking with Schillinger Place Shopping Center Behind. Building sits at grade with the street. |
| Area Description: | Property located on a high traffic, retail corner located west on Cottage Hill Road, past Schillinger Road, on the left. Surrounding retail includes Club4Fitness, Catalina Cantina (coming soon), Foosackly’s, Pizza Hut, Yellow Hammer Coffee, Walmart Supercenter and many more. Center has cross parking with Club4Fitness shopping center, and direct access to Cottage Hill Road. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Excellent |
| Year Built: | 2011 |
| Year Renovated: | 2021 |
| Construction/Siding: | Brick |
| Exterior Description: | Brick facade with high sign bands. Arched store glass fronts with metal awnings. |
| Total Parking Spaces: | 48 |
| Parking Type: | Surface |
| Parking Description: | Parking is in front and along sides of the building. |
| Sprinklers: | Wet |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Zoning Description: | County |
| Lot Frontage: | 125 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Land Ownership: | Fee Simple |
| Legal Description: | LOT 3 SCHILLINGER PLACE MBK 74/13 #SEC 01 T5S R3W #MP34 01 01 4 000 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,621 | 51,392 | 116,992 |
| Median Age: | 38.92 | 38.03 | 37.34 |
| Households: | 3,133 | 20,331 | 46,873 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Moody's assume any liability for errors or omissions. |
