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Property profile & analytics
OFF-MARKET
Commercial real estate

377 Main St Lynn, AL 35575

1,152 SF Built 1965
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1965
Total area 1,152 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mava's Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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