Government Blvd Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30182555
Property Subtypes: Restaurant
Building Size (RSF): 7,000 SF
Sale Price: $765,000
Unit Price: $109.29 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/12/2018

Overview / Comments

Location includes two great buildings.
Building 1 is the former Colonel Dixie/Richee's BBQ building. Building has had some interior renovations and is up to current health codes. 3,000 square foot, stand alone building with parking and a drive-thru. Great visibility from Government and Demotropolis.
Building 2 is a 4,000 square foot warehouse on the back of the property, currently occupied by Georgia Rouso's Catering. Tenant paying $36,000 a year in rent and willing to sign long term lease with new owner.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 3301113002043.000

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,800 55,268 152,561
Median Age: 46.38 39.1 36.74
Households: 2,459 22,798 62,804

Contact

Photograph of Listing Agent

Chris Harle

White-Spunner Realty
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