2403 Slappey BlvdAlbany, GA 31701

This 6,366 square foot former Red Lobster restaurant in Albany, GA, is offered for sale at $1,145,000. Located on 1.64 acres of land at 2403 N Slappey Blvd (APN: 0000N/00003/020), this fee simple property boasts a prime location with high visibility on a road with 21,200 vehicles passing daily. Built in 1971 and renovated in 1992, the single-story building sits on a C3 zoned lot and offers ample parking. Its proximity to Highway 82 ensures easy access. The property presents a significant value-add opportunity for investors seeking to capitalize on its location within a vibrant city. Albany, GA, has a population of approximately 66,000, a median age of 34.7 years, and an average household income of approximately $72,000. The city's economy is diverse, with major employers including Phoebe Putney Health System, Procter & Gamble, and Molson Coors Brewery. This location offers excellent potential for a variety of restaurant or retail concepts. The property's size and location make it an attractive investment for those seeking a high-traffic, easily accessible site in a growing community.