Restaurant Space For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30863750
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 8,350 SF
Gross Land Area: 28,000 SF
Sale Price: $899,000
Unit Price: $107.66 PSF
Ceiling: 18 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 8,350 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 2/23/2024

Overview / Comments

This large Restaurant Space Near Bel Air Mall in the main area of Mobile, AL offers a two story layout, large kitchen, sleeping quarters, and ample storage. Formerly used as a disco night club in it's prime. The second story layout with a wrap around inside balcony offers a nice view of the once dance floor. Both floors features a bar and seating area. Hibachi tables and hoods were installed by it's most recent tenant in the main dining area. This place features a large kitchen as well and unique floor plan perfect for running nice sized night life business.

Some roof work required. Sold and Priced "As-Is" Condition.

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: Mobile County
Tax ID/APN: 2909302000009XXX
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Airport Blvd. and Eslava Creek Parkway
Property Visibility: Good
Largest Nearby Street: Airport Blvd.
Feet of Frontage: 160
Traffic/Vehicle Count: 13,438
Highway Access: Just of I-65 on Airport Blvd.
Airports: Mobile Regional Airport
Site Description: Located just East of The Bel Air Mall, Building features a unique layout with a square footage not able to be built again on the site.
Area Description: Nearest surround businesses include Bel Air Mall, Firestone Complete Auto Care, Wendy's, PNC Bank, Mobile Marriott, McDonald's, and Mobile Department of Human Resources.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 5,670 SF
Property Condition: Average
Year Built: 1972
Year Renovated: 2012
Roof Type: Flat
Construction/Siding: Stucco
Exterior Description: Exterior features some Asian design elements and stucco.
Total Parking Spaces: 44
Parking Type: Surface
Parking Description: Surface Asphalt Parking wrapping around the building.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central, Ceiling Units
Air Conditioning: Package Unit
Internet Access: Cable, Satellite
Interior Description: Formerly remodeled as a Japanese Hibachi Restaurant
Zoning Description: Commercial Restaurant/Bar/Tavern
Lot Frontage: 160 Feet
Lot Depth: 175 Feet
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Easements Description: None
Land Ownership: Owned
Legal Description: COMG AT NW COR OF SEC 30 T4S R1W RUN TH S ALG W/L SEC 30 DIS 79.6 FT TO PT ON S R/W/L OF AIRPORT BLVD TH RUN N 89 DEG 56 MIN E ALG SD S/L OF AIRPORT BLVD 1656 FT TH RUN S 00 DEG 04 MIN E 190 FT TO POB OF PPTY HEREIN DESC SD PT BEING ON E R/O/W/L OF BEL AIR BLVD TH RUN S 00 DEG 04 MIN E ALG SD E/L OF BEL AIR BLVD 160 FT TH RUN N 89 DEG 56 MIN E 175 FT TO A PT TH RUN N 00 DEG 04 MIN W 160 FT TO A PT TH RUN S 89 DEG 56 MIN W 175 FT TO POB #SEC 30 T4S R1W #MP29 09 30 2 000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,056 96,675 186,987
Median Age: 34.72 35.56 36.59
Households: 3,613 39,538 75,940

Contact

Photograph of Listing Agent

Daniel J Hua

Alliance Real Estate Gulf Coast CMLS Member
Photograph of Listing Agent

David P Wu

Alliance Real Estate
Gulf Coast CMLS Member
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