Current Use by Public Records
- Retail properties & Spaces
Property Details for 9115 Us-98
- Lot size
- 3.17 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional commercial property, the Horse Shoe Saloon, presents a lucrative investment opportunity in Fairhope, Alabama. Located at 9115 US-98, this established entertainment venue occupies a 6,720 square foot building situated on a generous 3.17-acre lot. The property is currently operating at 100% occupancy and boasts a two-story structure. Its zoning designation is BCZ (Base Community Zoning District), offering flexibility for various business ventures. The asking price is $1,014,999, with seller financing a possibility. This translates to a price per square foot of $145. The property's strategic location just off US-98 in South Fairhope provides excellent visibility and accessibility. The surrounding area demonstrates strong demographics, with over 11,000 residents within a 5-mile radius and an average household income exceeding $89,971. This translates to a robust customer base for a thriving business. The property's potential extends beyond its current use, allowing for diverse business applications within the permitted zoning. The sale includes the building and land, offering a complete and turnkey operation. This is a rare chance to acquire a well-established business in a high-growth area. The property's APN is 05-56-05-22-0-000-013.005. The property consists of one building.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fairhope
- County
- Baldwin
- State
- Alabama
- Longitude
- -87.8663
- Latitude
- 30.4221
