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26813252
26813253

16780 River Rd, Bon Secour, AL 36511

LF
AL AL 71136
Crye* Leike Gulf Coast
Listed by Crye* Leike Gulf Coast
$2,785,000
308 days on market
Updated 43 days ago
Contract Pending

Billy's Seafood Open Air Seafood Market and Marina

Details
Property Type Hospitality, Retail (+1)
Sub Type Marina, Storefront
Square Footage 9,009
NOI $650,000
Acreage 2.700
Zoning Unzoned
Investment Type Value Add

Billy's Seafood Business and Real Estate

Marketing description

Billy's Seafood

Billy’s Seafood is a well-established retail seafood market in business for over 50 years.

Business and real estate with substantial value add opportunity are being offered at $2,785,000.00 with owner financing available to qualified buyers.

The business is selling turnkey.

Real Estate includes 2.7 acres with 978 total feet of waterfront

Parcel 1 Seafood Market is 2143 sq ft with an additional 448 sq ft of office and 1048 sq ft of warehouse storage, 520 feet of dock, and includes all business Equipment, Fixtures, Furniture and inventory.

Parcel 2 is 1372 sq ft of retail/ hospitality with an additional 1980 sq ft of waterfront deck perfect for outdoor seating and entertainment, potential for Food Truck and Bar & Boat Launch.

Parcel 3 is 2782 sq ft of warehouse storage and freezer space.

Investment highlights

Listing Contacts

LF
AL AL 71136
Crye* Leike Gulf Coast
Listed by Crye* Leike Gulf Coast

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$650,000.00
$54,166.67/mo

Valuation Metrics

0
DSCR
23.34%
Cap Rate
23.34%
ROI

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Additional Information

Name
Lydia Franz Thomsen
License
AL 71136
Brokerage
Crye* Leike Gulf Coast
Brokerage Phone
251-405-2608
Title
Commercial Advisor
Brokerage Address
229 East 20th Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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