Gulf Shores Restaurant/Building & Land For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30414041
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 3,854 SF
Gross Building Area: See Agent
Gross Land Area: 0.61 Acres
Sale Price: $679,900
Unit Price: $176.41 PSF
Property Use Type: Business
Usable Size (USF): 3,681 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/5/2019

Overview / Comments

Loads of opportunity here in the heart of Gulf Shores with nearby retail, hospitality, educational, private business and City municipality offices, to establish new restaurant or shift this marketing gem to retail and/or private business options. Mature landscaping on .61 acres wrapping convenient parking to the building with front, mid, and back entrance options. New upgrades, including metal roof, air conditioning, duct work, etc added in 2017 establish this property as "good bones" to work with. Minimal upgrades needed if necessary. Turn key for interested restauranteurs due to incredible up to date kitchen inventory and furniture. Versatile bar component as well as private dining room for unlimited purposes. 10' ceilings with warm lighting create ambiances not fully realized until seen in person. Square footage (3,681) for dining create opportunities to turn tables and maximize profits. Current establishment has strong loyal customer base creating opportunities to capture early and minimize new business development.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Gulf Shores -08
Tax ID/APN: 0535530
Zoning: BG
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention
Property Located Between: Highway 59 and Canal Road
Largest Nearby Street: Highway 59
Feet of Frontage: 150
Highway Access: Highway 59
Airports: Jack Edwards National Airport
Site Description: Downtown Office Park area
Area Description: Nearby professional establishments, schools (Elementary, Middle, & High), City Municipality offices, hotels, churches, state park campground, Entertainment District
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2003
Year Renovated: 2017
Roof Type: Hip
Construction/Siding: Stucco
Exterior Description: Mature landscaping;
Total Parking Spaces: 34
Parking Type: Surface
Parking Description: Front, Side, and rear parking.
Heat Type: Electricity
Heat Source: Central
Lot Frontage: 100
Lot Depth: 215
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,159 16,059
Median Age: 40.34 40.23
Households: 4,175 7,059

Contact

Photograph of Listing Agent

Tim Arant

RE/MAX of Gulf Shores Gulf Coast CMLS Member
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