For Sale
$1,014,999

9115 Us-98Fairhope, AL 36532

Thriving Restaurant/Bar, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property, the Horse Shoe Saloon, presents a lucrative investment opportunity in Fairhope, Alabama. Located at 9115 US-98, this established entertainment venue occupies a 6,720 square foot building situated on a generous 3.17-acre lot. The property is currently operating at 100% occupancy and boasts a two-story structure. Its zoning designation is BCZ (Base Community Zoning District), offering flexibility for various business ventures. The asking price is $1,014,999, with seller financing a possibility. This translates to a price per square foot of $145. The property's strategic location just off US-98 in South Fairhope provides excellent visibility and accessibility. The surrounding area demonstrates strong demographics, with over 11,000 residents within a 5-mile radius and an average household income exceeding $89,971. This translates to a robust customer base for a thriving business. The property's potential extends beyond its current use, allowing for diverse business applications within the permitted zoning. The sale includes the building and land, offering a complete and turnkey operation. This is a rare chance to acquire a well-established business in a high-growth area. The property's APN is 05-56-05-22-0-000-013.005. The property consists of one building.

Highlights

  • $1,014,999 asking price for this 6,720 SF restaurant.
  • Located at 9115 US-98, Fairhope, AL 36532, on a 3.17-acre lot.
  • Currently operating as the Horse Shoe Saloon, a 100% occupied, single-tenant retail property.
  • Features two stories in a Base Community Zoning District (BCZ).
  • Seller financing may be available.

Property Details for 9115 Us-98

Property type
Retail properties, Restaurants
Square Feet
6,720 SF
Buildings
1
Stories
2
Lot Size (sq. ft)
138,085 SF

Location Insight

City
Fairhope
County
Baldwin
State
Alabama
Latitude
30.4221324
Longitude
-87.8662953
9115 Us-98, Fairhope, Alabama

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9115 Us-98
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