For Sale
$275,000

132 Ronald Fld Rd Highland Home, AL 36041

Established Restaurant, High NOI, Alabama

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional turnkey restaurant opportunity, CoCo Momma's Family Dining, is available for purchase at $275,000. Located at 132 Ronald Field Rd, Highland Home, Alabama 36041, this profitable establishment boasts a strong presence in the community. The property includes two buildings on a one-acre lot, totaling 2,500 square feet of net rentable space. Currently operating at 100% occupancy, the restaurant offers part-time dining (Wednesday-Saturday), catering, and special event services. The impressive NOI of $250,000 translates to a compelling 90.91% cap rate, representing a significant return on investment. The business operates within a Class C building and is a perfect owner-user opportunity. The current owner is offering assistance with the transition for a period of 60-90 days. The property presents significant upside potential through expanded hours of operation, enhanced signage to leverage seasonal highway traffic on Hwy 331, and the addition of breakfast service. This is a rare chance to acquire a thriving, established restaurant with substantial growth opportunities in a desirable location. The property is being sold as-is.

Property Details for 132 Ronald Fld Rd

Property type
Commercial real estate
Square Feet
2,300 SF
Class
C
Buildings
2
Stories
1
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Highland Home
County
Crenshaw
State
Alabama
Latitude
31.953461060844
Longitude
-86.313938983561

FAQs

What type of property is this?
Commercial real estate - Established Restaurant, High NOI, Alabama
Where is the commercial real estate located?
The property is located at 132 Ronald Fld Rd Highland Home, AL.
What is the asking price?
The asking price for this property is $275,000.
How can I contact the broker?
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132 Ronald Fld Rd
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