WATERFRONT RESTAURANT & BAR FOR SALE IN GULF SHORES!

Retail-Commercial for Sale
Catylist Listing ID: 30840144
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 6,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.17 Acres
Sale Price: $1,800,000
Unit Price: $300 PSF
Property Use Type: Vacant/Owner-User
Building Name: Royal Oyster
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/11/2023

Overview / Comments

Four or more revenue streams all under one roof! Full-service restaurant (Bar & Grill) For Sale! Includes main bar, back bar, boat launch & 10-slip marina, convenience store, possible package store and possible seafood market! Currently operating! All kitchen equipment and seating equipment (FF& E) all conveys. 3000 sqft +/- each floor. Lots of parking. 2 outside restrooms. Boat launch and more! All zoning approvals and permits in hand.
Exclusively offered by Swiger & Company Realtors for $1,800,000

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-67-01-04-0-000-036.003
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: County Rd 6
Feet of Frontage: 121
Site Description: Multiple buildings. Waterfront. Boat launch to Oyster Bay. 10 slip marina.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Year Built: 1999
Year Renovated: 2000
Construction/Siding: Wood Siding
Exterior Description: Surface lot parking, boat launch
Parking Type: Surface
Interior Description: Downstairs seats 85-100. Upstairs convenience store, bar in back building.
Lot Frontage: 121
Lot Depth: 420
Land Ownership: full

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,283 14,711
Median Age: 42.13 41.21
Households: 2,818 6,449

Contact

Photograph of Listing Agent

Angie and David Swiger

Swiger & Company, Realtors Gulf Coast CMLS Member
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