Current Use by Public Records
- Retail properties & Spaces
Property Details for 802 Al-165
- Year built
- 1966
- Lot size
- 2.00 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Grocery and convenience stores
Description
Exceptional investment opportunity in Fort Mitchell, Alabama, featuring a thriving 6,600 square foot grocery and liquor store on a 2-acre lot. This multi-tenant property boasts 100% occupancy and strong sales figures: the grocery store averages $150,000 in monthly sales, while the package store averages $10,000. Located directly off Highway 165, the property benefits from high visibility and an average daily traffic count of 11,231 vehicles. The nearest competing grocery store is a significant 9.2 miles away, ensuring a strong market position. Built in 1966, the property consists of two buildings on commercially zoned land. The asking price is $1,200,000 (plus inventory), and owner financing is available with a minimum 40% down payment. This turnkey operation presents a rare opportunity for owner-users seeking a profitable and established business in a growing community. The property's prime location and strong financial performance make it an attractive investment prospect. The APN is 57-17-02-10-0-000-002.000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Mitchell
- County
- Russell
- State
- Alabama
- Longitude
- -85.0133
- Latitude
- 32.3122
