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: | 9/15/2024 |
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
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