Turn Key Restaurant for Sale
Retail-Commercial
for Sale
| Catylist Listing ID: |
30810641 |
| Property Subtypes: |
Restaurant
|
| Building Size (RSF): |
6,875 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
45,884 SF
|
| Sale Price: |
$450,000 |
| Unit Price: |
$65.45 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/27/2023 |
Overview / Comments
|
The former Ming's Chinese Buffet is a turn key asset with over $100,000 of Furniture, Fixtures, and Equipment that are included in the sale price. With over 1 acre of land directly off the busy Hwy 43 in Saraland, Alabama, this property can be purchased for $50,000 less than the tax appraisers value. Sellers closed during covid and are ready to retire.
|
Additional Details
| Nearest MSA: |
Mobile |
| County: |
Mobile |
| Tax ID/APN: |
220210200002501X |
| Zoning: |
COMMERCIAL |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,068 |
18,245 |
46,782 |
| Median Age: |
40.03 |
37.05 |
37.38 |
| Households: |
1,693 |
7,009 |
17,683 |
|
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|
