Current Use by Public Records
- Mava's Cafe / Restaurant
Property Details for 377 Main St
- Year built
- 1965
- Property type
- Commercial real estate
Description
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.
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
- Lynn
- County
- Winston
- State
- Alabama
- Longitude
- -87.5382
- Latitude
- 34.0401
