Listing Agency: Millry Realty

Listed By: Edna Beesley · License #AL 000093067-0

Source: Crexi

Added: Sep 26, 2024 Changed: Aug 13 Last Checked: Sep 5 at 5:11PM

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Investment Insights

Based on property information with market context.

The property is a restaurant located in Millry, Alabama. The restaurant has been recently updated throughout, including new equipment. Updates include paint, a replaced hood, grill, and all new coolers, as well as new tables in the restaurant area. The property size is 1000 square feet. The intended use of the property is for restaurant operations.

Key Highlights

• Recently updated restaurant with new equipment
• New coolers installed
• New hood and grill

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy Cafe & Coffee Shop

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

18

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 36558, AL

3,441

Population

2,117

Households

1.6

Avg Household Size

45

Median Age

20%

College-Educated

87%

High-School Grad

236.1 sq mi

ZIP Area

15

Density / Sq Mi

$59,420

Median Household Income

$50,092

Median Earnings

$620

Median Rent

$142,600

Median Home Value

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Recently updated restaurant with new equipment for sale.

Where is this conventional restaurant located?

The property is located at 30920 Hwy 17 Millry, AL.

What is the asking price?

The asking price for this property is $134,900.

What are key features of this property?

This property features: Recently updated restaurant with new equipment; New coolers installed; New hood and grill