Listed by Almon Commercial Real Estate
$1,500,000
Full Service Restaurant
Details
Property Type Retail
Sub Type Restaurant
Square Footage 8,383
Net Rentable (SqFt) 8,383
Units 124
Tenancy Vacant
Year Built 1991
Acreage 1.950
Zoning GC
Investment Type Owner/User
Ground Lease No
Full-Service Restaurant | 8,383SF
Marketing description
THIS OFFERING is for the opportunity to purchase a prominent and highly recognizable full-service restaurant historically occupied by a nationally branded restaurant at a below market price.
Located at a controlled corner intersection and fronting a major commercial arterial with over 18,500 vehicles per day passing by the property, the property benefits from an oversized 1.95-acre parcel with approximately 124 parking stalls and the well-maintained building includes seating capacity of approximately 269.
Existing furniture, fixtures and equipment are potentially available to purchase upon terms to be negotiated. Walk-in freezers are included. Property will be delivered vacant as of closing. Do not disturb existing occupant.
Investment highlights
- Offered at below market price. Property last sold in 2014 for $1.45M and is tax assessed at $1,624,050.
- Located at a controlled intersection with access from both arterials and traffic counts exceeding 18,500 vpd.
- Existing furniture, fixtures and equipment potentially available to purchase upon terms to be negotiated. Walk-in freezers included.
- Quick interstate and highway access.
- Building is fully sprinklered.
- Oversized lot with approximately 124 parking stalls (15 stalls per 1,000SF).
- Property will be delivered vacant as of closing.
Listing Contacts
Listed by Almon Commercial Real Estate
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