Catylist ID:
#30871863
1,500 SF Turn-key Restaurant in Downtown Mobile
Retail-Commercial
for Sale
| Catylist Listing ID: | 30871863 |
| Property Subtypes: | Restaurant, Tavern/Bar/Nightclub |
| Building Size (RSF): | 1,500 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $399,000 |
| Unit Price: | $266 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
| Sale Terms: | Undisclosed |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/26/2024 |
Overview / Comments
|
1,500 SF restaurant Located on St. Michael Street, near the Battle House Hotel, RSA Building and numerous offices. Excellent walkability to over 500 business with more than 6,500 employees Turn-key restaurant/bar space, included FF&E and operating kitchen Available May 2024 LEASE RATE $21/SF/YR NNN; Taxes $1,800; Insurance: $1,500 SALE PRICE: $399,000 |
Attachments & Media
Additional Details
| Nearest MSA: | Mobile |
| County: | Mobile |
| Tax ID/APN: | 2906400002182002 |
| Retail Clientele: | General, Business, Tourist, Convention |
| Property Located Between: | Royal St & Water St |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Water Street |
| Tenancy: | Single Tenant |
| Number of Stories: | 1 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,986 | 45,975 | 97,973 |
| Median Age: | 37.99 | 36.17 | 36.06 |
| Households: | 1,553 | 17,804 | 38,047 |
Contact
| © 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. |
