The Bone and Barrel

Retail-Commercial for Sale
Catylist Listing ID: 30872305
Property Subtypes: Restaurant
Building Size (RSF): 3,416 SF
Sale Price: $390,000
Unit Price: $114.17 PSF
Property Use Type: Business
Building Name: 311 Fairhope Ave
Usable Size (USF): 3,416 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 5/7/2024

Overview / Comments

Great Restaurant and Bar in the Charming City of Fairhope. Great downtown location with great street traffic as well as walking traffic. Has great local clientele as well as great traffic from the constant flow of tourist. Fairhope is a great traffic destination for tourist for the year around festivals, the beautiful bay area and short distance to Gulf Shores and Orange Beach. Business is great and growing.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Baldwin County Revenue
Tax ID/APN: 05-46-03-37-0-601-002.513
Zoning: B2
Retail Clientele: General, Business, Traveler, Tourist
Property Located Between: US Highway 98 and Scenic Route 98
Property Visibility: Excellent
Largest Nearby Street: Main Street
Feet of Frontage: 75
Traffic/Vehicle Count: 3,374
Highway Access: US Highway 98
Airports: Mobile Regional / Pensacola Regional
Site Description: Part of a Beautiful Downtown Destination
Area Description: Retail shops and restaurants
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,700 SF
Property Condition: Excellent
Year Built: 1950
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Concrete
Exterior Description: Brick over concrete block
Parking Type: Other
Parking Description: Street parking provided by city
Sprinklers: Other
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Evaporative Cooler
Internet Access: Cable, DSL, ISDN, Satellite
Interior Description: Restaurant
Zoning Description: Local small business community
Lot Frontage: 75
Lot Depth: 120
Water Service: Municipal
Sewer Type: Municipal
Easements Description: N/A
Land Ownership: N/A
Legal Description: N/A

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,575 13,274 31,182
Median Age: 51.69 46.47 43.16
Households: 2,707 5,981 12,679

Contact

Photograph of Listing Agent

James Henderson

Realty Executives Bay Group
Gulf Coast CMLS Member
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