Historical Buildings 22495 Sq Ft.

Undisclosed Address, Alabama
Business Opportunity for Sale
Catylist Listing ID: 30148495
Property Subtypes: Retail Stores
Building Size (RSF): 22,495 SF
Sale Price: $235,000
Year Business Established: 1883
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Owner Financing.
Last Updated: 10/17/2019

Overview / Comments

Brewton, Alabama.. HUGE REDUCTION! VERY MOTIVATED SELLER! SELLER WILL OWNER FINANCE. This Historical Commercial Building that sits in the middle of Brewton, Alabama has three levels and adjoining building that has two levels. Two buildings for the price of $235,000.00. First building has a 60' x 90' building with a bottom floor of 5355 sq.ft of heated and cooled. Second level of 5053 square feet, this level of the building is currently used for storage/level is open and ready for any type of business and third level with is storage also square footage of 5053 currently brings in a yearly income of $600.00. This three level building was brought up to code on the bottom and third floor in 2006. New Roof installed in 2014. (Document attached.) All the inventory in the restaurant will convey upon sale. ( Seller will provide a list of items.) The Second Building that is attached has a total square footage of 6140 sq.ft. The bottom floor which is 3140 is leased to a Beauty Salon for $500.00 a month..Top floor of 3200 sq ft is used for storage. Total income presently annually for both building is $6600.00

Additional Details

Industry Segment: Other Retail Stores
Reason for Selling: Seller is retiring and wants to travel.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Seller leases space for file storage for $600.00 a year on the third floor of the first building. Second building is leased to a Beauty Salon and Seller collect $500.00 monthly. County has property appraised at $530,000.00. For additional photo please view #30148452
Seller Financing Description: Owner Financing

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,434 3,406
Median Age: 41.26 36.9
Households: 546 1,283

Contact

Photograph of Listing Agent

Patty Helton-Davis

PHD Real Estate LLC Gulf Coast CMLS Member
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