Bar/Restaurant | 9481 Highway 431 S
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Bar/Restaurant 9481 Highway 431 S
1,755 SF 100% Leased Retail Building Owens Cross Roads, AL 35763 $1,800,000 ($1,026/SF) 14% Cap Rate
Investment Highlights
- Full working Kitchen/Bar
- 1 Acre of Land
- Busy Highway Location
- Large Smoker Behind Building
Executive Summary
This is a well-established restaurant/bar in a growing town. It is located on 1 acre of land on the highway with a traffic count of over 22k a day. It is conveniently located between Huntsville and Guntersville Lake. Full working kitchen and bar with a smoker out back.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,755 SF
Building Class
C
Year Built
1983
Price
$1,800,000
Price Per SF
$1,026
Cap Rate
14%
NOI
$252,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
1.00 AC
Zoning
RES/COM
PROPERTY TAXES
| Parcel Number | 22-09-29-0-001-049.000 | Improvements Assessment | $0 |
| Land Assessment | $10,440 | Total Assessment | $10,440 |
PROPERTY TAXES
Parcel Number
22-09-29-0-001-049.000
Land Assessment
$10,440
Improvements Assessment
$0
Total Assessment
$10,440
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Bar/Restaurant | 9481 Highway 431 S
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