Summerdale Business | Restaurant Opportunity

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30527603
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 6,048 SF
Gross Land Area: 5.28 SF
Sale Price: $1,495,000
Unit Price: $247.19 PSF
Property Use Type: Vacant/Owner-User
Building Name: 316 Hwy 59 Summerdale
Usable Size (USF): 6,048 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/12/2019

Overview / Comments

Clean, updated with fully furnished seating and kitchen with great lighting. 6048 sf Total under roof. 4560 sf heated and cooled. There is 2800 sf Indoor Dining space and 1488 sf Covered & Screened in Outdoor Dining space. The kitchen is 1219 sf not including the dish washing area.

Attachments & Media

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Submarket Type: Central Business District
Taxing Authority: Baldwin County Revenue Commission
Tax ID/APN: 05-48-09-30-4-000-003.003
Zoning: B-2 COMMERCIAL RETAIL TRADE | BUSINESS DISTRICT
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: On Hwy 59 between County Road 34 aka Hoffman Rd and W Shriver Ave
Property Visibility: Excellent
Largest Nearby Street: HWY 59
Feet of Frontage: 350
Traffic/Vehicle Count: 29,256
Highway Access: AL Hwy 59 Frontage I10: 12 Miles North US Hwy 90: 5.3 Miles Hwy 98:
Airports: Pensacola International Airport is 45 miles NE, Mobile Regional Airport is 46 miles NW
Site Description: Directly on Hwy 59, Alabama’s coastal connection from I10, this is an excellent choice for your business or restaurant. Summerdale has grown 75% since the 2010 census making them the third-fastest growing city/town in Alabama.
Area Description: Directly on Highly Traveled Hwy 59 between Interstate 10 and Beach Blvd! Nearby Destination shopping centers and Entertainment such as: Tanger Outlet Mall surrounded by local shops OWA - Entertainment & Amusement Park Beautiful White Sand Beaches on the Gulf of Mexico just 17 Miles away Snow birds galore in RV Parks and winter homes Coming Soon: The Miracle League of Coastal Alabama
Tenancy: Single Tenant
Total Number of Buildings: 1
Typical SF / Floor: 6,048 SF
Property Condition: Excellent
Year Built: 1994
Year Renovated: 2018
Roof Type: Gable
Exterior Description: Corrugated metal and brick building beautifully landscaped with large double sided pylon sign with exterior lighting.
Parking Type: Surface
Parking Description: There is plenty of paved parking that is well lit. Also room on property to park as well.
Heat Type: Electricity
Heat Source: Central
Internet Access: DSL
Interior Description: Clean, updated with fully furnished seating and kitchen with great lighting. 6048 sf Total under roof. 4560 sf heated and cooled.
Zoning Description: B-2 Commercial Retail Trade | Business District
Lot Frontage: 350
Lot Depth: 621.5
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,992 22,316
Median Age: 36.38 39.11
Households: 2,245 8,584

Contact

Photograph of Listing Agent

Wendi Summers Sampson

SVN | Southland Commercial Real Estate Gulf Coast CMLS Member
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