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10109 Hwy 64, Lexington, AL 35648 10109 Highway 64

4,000 SF 100% Leased Retail Building Lexington, AL 35648 $350,000 ($88/SF)

Retail Space Alabama Lexington 10109 Highway 64, Lexington, AL 35648

Investment Highlights

  • Heavy traffic during business hours
  • Covered outside dining
  • Lots of natural light

Executive Summary

Selling building only with dining furniture. Building is leased to restaurant at $2000 per month with 2 years left on the lease. Building appraised for $535,000 on March 15, 2021. Extra parking in back.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,000 SF
Building Class
B
Year Built/Renovated
1980/2020
Price
$350,000
Price Per SF
$88
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.08
Lot Size
1.17 AC
Zoning
County - No zoning restrictions
Parking
18 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
213 FT on Hwy 64

Amenities

  • Restaurant
  • Accent Lighting
  • Air Conditioning
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Nearby Major Retailers

First Metro Bank
Bank Independent

PROPERTY TAXES

Parcel Number 02-05-15-2-001-012.000 Improvements Assessment $0
Land Assessment $4,400 Total Assessment $4,400

PROPERTY TAXES

Parcel Number
02-05-15-2-001-012.000
Land Assessment
$4,400
Improvements Assessment
$0
Total Assessment
$4,400
(256) 764-8743

Contact

  • Listing ID: 31077102

  • Date on Market: 2/28/2024

  • Last Updated:

  • Address: 10109 Highway 64, Lexington, AL 35648

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10109 Hwy 64, Lexington, AL 35648 | 10109 Highway 64
(256) 764-8743 x

10109 Hwy 64, Lexington, AL 35648 | 10109 Highway 64

Carolyn Abston

(256) 764-8743

(256) 764-8743

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