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Restaurant or Duplex Opportunity
For Sale
$79,900

377 Main St, Lynn, AL 35575

Property suitable for restaurant, duplex conversion, or rental income.

Property Size1,152 SF
Price / SF$69.36
Days on Market3015

Property Features for 377 Main St

General Information

Standard status Active
Size 1,152 SF
Property subtype General Commercial

Amenities

Window Air Conditioning
Tile
3
Metal

Building Details

Year Built 1965
Stories 1
Listing Agency: All Four Real Estate, Inc.
Listed By: Ginger Wise · License #AL000073897
Source: Xome
Added: Jun 9, 2018 Changed: Sep 1 Last Checked: Sep 9 at 6:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of All Four Real Estate, Inc.

Investment Insights

Based on property information with market context.

This property presents an opportunity for investors. The existing structure can continue operating as Mava's Restaurant under the current renter, or a new owner can establish their own business. Alternatively, the building can be converted into a duplex or rental property, offering multiple options for utilization. The property has a size of 1152 square feet.

Key Highlights

  • Versatile Investment Opportunity: Suitable for investors or business owners.
  • Multiple Usage Options: Continue as a restaurant, start a new business, or convert into a duplex/rental.
  • Existing Tenant Potential: Retain current restaurant tenant (Mava's Restaurant) for immediate income.

Property Analytics

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Current Use

Mava's Cafe Restaurant

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby
Well-served
Demand for This Use

Demographics for 35575, AL

976
Population
559
Households
1.7
Avg Household Size
40
Median Age
11%
College-Educated
84%
High-School Grad
35.1 sq mi
ZIP Area
28
Density / Sq Mi
$41,862
Median Household Income
$41,429
Median Earnings
$781
Median Rent
$72,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Property suitable for restaurant, duplex conversion, or rental income.
Where is this conventional restaurant located?
The property is located at 377 Main St Lynn, AL.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Versatile Investment Opportunity: Suitable for investors or business owners.; Multiple Usage Options: Continue as a restaurant, start a new business, or convert into a duplex/rental.; Existing Tenant Potential: Retain current restaurant tenant (Mava's Restaurant) for immediate income.
More about this property
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