30920 Highway 17 Millry, AL 36558
This exceptional commercial property, located at 30920 Hwy 17 in Millry, Alabama, presents a unique investment opportunity. Priced at $139,900, the 0.66-acre lot houses a recently renovated restaurant space, ideal for a variety of office uses. While the square footage of the building itself is not currently specified, the property boasts significant recent upgrades. These improvements include a fresh coat of paint throughout the interior, a completely replaced kitchen hood and grill, brand new coolers, and even new tables in the dining area. The property's location on Highway 17 ensures high visibility and accessibility for potential clients or customers. The existing restaurant layout offers a flexible space that can be easily adapted to suit various office configurations. This is a rare chance to acquire a turn-key commercial property in a desirable location, ready for immediate occupancy. The property's recent renovations significantly reduce the need for immediate capital expenditures, allowing for a swift return on investment. The 36558 zip code offers convenient access to local amenities and transportation routes. Serious inquiries are encouraged to schedule a viewing and explore the potential of this remarkable property. The property is situated in Washington County, Alabama.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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