377 Main St Lynn, AL 35575
This 1,152 square foot commercial building located at 377 E Main St, Lynn, AL, presents a unique investment opportunity. Currently occupied by Mava's Restaurant, the property offers the new owner several avenues for maximizing return. The existing tenant provides a stable income stream, allowing for immediate cash flow. Alternatively, the building could be easily adapted to accommodate a new business venture, allowing for customization to suit a wide range of commercial needs. The flexible layout also presents the possibility of conversion into a duplex or multi-family rental property, catering to the growing demand for residential units. The property sits on a 0-acre lot, offering convenient access and minimal land maintenance. Priced at $79,900, this property represents a compelling investment opportunity with significant upside potential, whether through continued lease income, establishment of a new business, or conversion to residential use. The building's location in Lynn, AL, provides access to a local market and offers potential for growth. This versatile property is ready for its next chapter.
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Mava's Cafe Restaurant
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.