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🏢 Just listed — Restaurant Retail for sale in Robertsdale, AL.

📍 22492 Alabama 59, Robertsdale, AL
🏷  Restaurant Retail · For Sale
💰 $550K

Multi Use Property for Sale

<p>Excellent corner location on busy Hwy. 59 near the City park. Property has +/- 4,000 SF of inside retail/showroom/multi-use space and +/- 5,000 of covered space. There is a +/- 3,000 SF open patio space. The property offers many options, such as co

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#Robertsdale #Retail #CommercialRealEstate #CRE #Investment

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Home/AL/Robertsdale

22492 Alabama 59

Robertsdale, AL 36567

Asking Price

$550K

Asset Type

Restaurant Retail

Class

Class B

What's Special

Multi Use Property for Sale <p>Excellent corner location on busy Hwy. 59 near the City park. Property has +/- 4,000 SF of inside retail/showroom/multi-use space and +/- 5,000 of covered space. There is a +/- 3,000 SF open patio space. The property offers many options, such as continue as a retail store, operate as an event venue, restaurant, etc. Zoned Multi-Use District allowing for partial residential use.</p>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

14.55%

DSCR

2.45

Strong

Cash-on-Cash

28.70%

Monthly Payment

$2,721.1

Annual Cash Flow

$47,346.801

Location & Travel Times

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Contact for price

Class B | Convenience Store

Hwy 59 & County Road 54, Robertsdale, AL 36567-3083

Listed by Owner · For Sale