Restaurant For Sale & Lease

Retail-Commercial for Sale
Catylist Listing ID: 30316365
Property Subtypes: Restaurant, Retail-Pad, Street Retail
Building Size (RSF): 3,048 SF
Sale Price: $344,900
Unit Price: $113.16 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Building Name: China Palace
Usable Size (USF): 3,048 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/7/2022

Overview / Comments

Great restaurant facility at great location! High traffic Hwy 43 in Saraland. Everything ready for you to open the doors and start serving. All equipment , tables, chairs and utensils to remain. Good history at great Asian Restaurant Owner Retired!

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: Mobile County
Tax ID/APN: 2202032000110.000
Zoning: B1
Retail Clientele: General
Property Located Between: Hwy. 158 and Shelton Beach Rd.
Property Visibility: Excellent
Largest Nearby Street: Hwy 43
Feet of Frontage: 97
Highway Access: Hwy. 43
Airports: Mobile Regional
Site Description: Retail Hwy.
Area Description: Retail Businesses
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,048 SF
Property Condition: Average
Year Built: 1997
Year Renovated: 2003
Roof Type: Other
Construction/Siding: Concrete - Tilt up
Exterior Description: Brick Veneer
Total Parking Spaces: 44
Parking Type: Surface
Parking Description: Asphalt lot front and back.
Sprinklers: Other
Heat Type: Electricity, Natural Gas, Hot Water
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Interior Description: Restaurant
Zoning Description: Light Business
Lot Frontage: 97
Lot Depth: 250
Water Service: Municipal, None
Sewer Type: Municipal
Land Ownership: Single

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,546 15,997 34,946
Median Age: 38.19 38.32 38.19
Households: 1,870 6,199 13,094


Photograph of Listing Agent

James Henderson

Realty Executives Bay Group
Gulf Coast CMLS Member
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