Bill's by the Beach

Retail-Commercial for Sale
Catylist Listing ID: 30380921
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 5,756 SF
Gross Building Area: 8,756 SF
Gross Land Area: 1 Acre
Sale Price: $3,700,000
Unit Price: $642.81 PSF
Property Use Type: Business
Building Name: Bill's by the Beach
Usable Size (USF): 8,756 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/5/2019

Overview / Comments

Opportunity Property with 5700 Square Foot Restaurant and 3000 Square Foot Duplex Commercial Zoned directly across the street from the public beach in Gulf Shores 1 block from the new Embassy Suites location. Sale includes all Fixtures, Furniture and Equipment as well as 1 acre of property. Seating capacity of 278 with 75 parking spaces as well as public parking to the north and south, unobstructed views of the Gulf of Mexico, Located at the Corner of West Beach Blvd and 2nd Street with a brand new traffic light.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Taxing Authority: Gulf Shores
Tax ID/APN: 022371, 012504, 023115, 047459
Zoning: BT3
Retail Clientele: General, Family, Business, Tourist, Recreation
Property Located Between: Gulf Shores Public Beach and West 1st Ave
Property Visibility: Excellent
Largest Nearby Street: West Beach Blvd
Feet of Frontage: 470
Traffic/Vehicle Count: 11,720
Site Description: Located directly across from the Public Beach in Gulf Shores 1 block to the West of the New Embassy Suites Project.
Area Description: High Traffic Pedestrian District, Tourism, Entertainment, Recreation
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Excellent
Year Built: 2014
Roof Type: Gable
Construction/Siding: HardiePlank Siding
Exterior Description: Raised Beach with Large Decks for Seating as well as Seating Space underneath the building. Hardi Plank Siding and Metal Roof.
Total Parking Spaces: 75
Parking Type: Surface
Parking Description: 75 Private Parking Spaces as well as Public Parking Lots to the North and South
Passenger Elevators: 1
Freight Elevators: 1
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: T1/T3
Zoning Description: BT3 Business Tourist District
Lot Frontage: 470
Lot Depth: 240
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: Lots 7,8,9,10,12,13, & 14 UNIT 1 BLK 15 GULF SHORES IN THE OF GULF SHORES SEC 20-T9S-R4E PPIN#s 022371, 012504, 023115, 047459

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,630 13,740
Median Age: 43.29 41.47
Households: 1,659 6,161

Contact

Photograph of Listing Agent

Lydia Franz

Re/Max Orange Beach Gulf Coast CMLS Member
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