1502 Magnolia Ave Geneva, AL 36340-1234

This vacant 1,600 square foot quick-service restaurant (QSR) building presents a unique investment opportunity in Geneva, Alabama. Located at 1502 W Magnolia Ave, this property sits on a 0.62-acre lot and offers significant potential for a new tenant or redevelopment. Built in 1993, the structure is in need of updating, but some existing fixtures and equipment may be available. The asking price is $1,400,000, translating to $875 per square foot. This price reflects the amount owed to the lender. The property's convenient location in Geneva County, Alabama, zip code 36340, offers excellent visibility and accessibility. The property's previous use as a Popeyes restaurant provides a strong foundation for a variety of QSR concepts or potential redevelopment into other retail uses. Given its size and location, this property is well-suited for a variety of fast-food or quick-service restaurant concepts. Serious inquiries are encouraged to explore this promising investment opportunity. The property is currently vacant, allowing for immediate occupancy and customization to suit the needs of a new tenant. This is a chance to acquire a strategically located property in a growing market.