Great Location for Commercial/Retail Business, Endless Possibilities!

Retail-Commercial for Sale
Catylist Listing ID: 30859881
Property Subtypes: Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Vehicle Related, Other
Building Size (RSF): 1,500 SF
Gross Land Area: 0.93 Acres
Sale Price: $235,000
Unit Price: $156.67 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Osman's Restuarant
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/17/2024

Overview / Comments

Great Buildings & Property with Endless Possibilities! 2 Buildings(1,804 sq ft) plus a storage building. Currently, a well-established restaurant with a reputation for fine dining. Large open seating area, commercial kitchen and two bathrooms. All kitchen equipment / table and chairs included. Versatile building would make a nice office with 0.93 acres of laydown space.

Possibilities are endless: Restaurant/Bar/Commercial/Retail/Office/Day Care/ Commissary Kitchen/Garden Center with fenced laydown space for trucks and equipment.

Half of the property is paved for parking, the other a grass fenced in section for overnight vehicles or trailers.

* Two buildings, one brick w siding, the other all siding. Both in good shape with
power and plumbing.
* Back yard 170' x 100' is fenced.
* Zoned B - 3
* Commercial B-3 area with electric company, plumbers, roofers and more.
* Traffic count - 9,445

Attachments & Media

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2909510010120XXX
Zoning: B-3: COMMUNITY BUSINESS
Property Visibility: Excellent
Traffic/Vehicle Count: 9,445
Site Description: Just under an acre at 0.93 acres. Half of the property is paved for parking, the other a grass fenced in section for overnight vehicles or trailers. Two structures on site. Both in good shape with power and plumbing.
Area Description: Commercial B-3 area with electric company, plumbers, roofers and more.
Total Number of Buildings: 2
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Interior Description: Currently being used as a fine dining restaurant. Large open seating area, commercial kitchen and two bathrooms. Second building has one large open area, one office and a bathroom.
Zoning Description: B-3: Community Business
Lot Frontage: 137
Lot Depth: 344
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: COM AT NW COR OF SEC 51 T4S R1W RUN S 2138 FT S 51 DEG 10 MIN E 968 FT TO SE SIDE OF HALLS MILL RD TH ALG SE SIDE OF HALLS MILL RD IN NELY DIR 256 FT TO BEG TH S 47 DEG 31 MIN E 300 FT(D) 345 FT(S) TO A DITCH TH NELY ALG SD DITCH 100 FT(D) TH NWLY & PAR TO FIRST LINE 169 FT(D) 176 FT(S) TH NWLY 137 FT(D) 155 FT(S) TO SE SIDE HALLS MILL RD DIS NELY 137 FT FR BEG TH SWLY ALG SE SIDE OF HALLS MILL RD 137 FT TO BEG BEING PT OF & LYING IN ROWELL EST SUB MBK 4 P 160 #SEC 51 T4S R1W #MP29 09 51 0 010

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,841 79,557 163,259
Median Age: 33.42 34.44 36.82
Households: 3,147 32,251 65,952

Contact

Photograph of Listing Agent

Michael F Reid

Merrill P. Thomas Co, Inc. Gulf Coast CMLS Member
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