Shux Restaurant For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30619403
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 2,112 SF
Gross Building Area: See Agent
Sale Price: $597,000
Unit Price: $282.67 PSF
Ceiling: 9 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Shux on the Pier Restaurant
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 9/23/2020

Overview / Comments

Fairhope restaurant, formerly called Shux on the Pier, has been a staple in our Community for a great place to gather, delicious food and enjoy the Mobile Bay sunsets. Looking for new owners who are interested in giving our local community an opportunity for a new culinary delight right here in downtown Fairhope, and being on the Pier is a perfect location! This is a turnkey operation; liquor license is current and can be transferred, all appliances, seating, coolers, etc... is included in this sale. Business was only closed due to the Pier being closed. Whoever purchases this restaurant will have rights to the Marina income. For serious inquiries we will provide a copy of lease with the City of Fairhope.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County
Tax ID/APN: 46-03-37-0-010-002.000
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Fairhope Avenue
Airports: Fairhope, Mobile and Pensacola
Site Description: Restaurant located on the Fairhope Pier
Area Description: This restaurant sits on the Fairhope Pier
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,350 SF
Property Condition: Good
Year Renovated: 2017
Roof Type: Gable
Construction/Siding: Wood Frame
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: Street Parking
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: DSL
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,358 13,274 31,182
Median Age: 47.47 46.47 43.16
Households: 1,097 5,981 12,679

Contact

Photograph of Listing Agent

Henry A Wise

Wise Living Real Estate, LLC Gulf Coast CMLS Member
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