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Property profile & analytics

350 George Wallace Hwy Littleville, AL 35654

  • Turn key restaurants
  • 3,067 SF
  • 1.00 lot acres
For Sale
Last Sale
Mar 26, 2024
$12,900
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US03-2053576
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • My Place Sports Bar and Grill / Bar & Pub

Property Details for 350 George Wallace Hwy

Year built
1981
Lot size
1.00 lot acres
Property size
3,067 SF
Property type
Turn key restaurants
APN
22-08-34-0-002-008.004
APU
2208340002008004

Description

This exceptional turnkey commercial property, located at 350 George Wallace Hwy in Littleville, Alabama, presents a remarkable opportunity for an aspiring entrepreneur. Priced at $210,000, this one-acre lot boasts a fully equipped restaurant and bar, ready for immediate operation. The existing structure includes two fully functional bars, ample seating with numerous tables and chairs, a dedicated dance floor/karaoke area perfect for entertainment, and a sizable outdoor patio for al fresco dining. The property also features an abundance of parking, providing convenient access for patrons and offering significant potential for expansion with additional buildings. A fully equipped commercial kitchen with all necessary appliances is included, eliminating the need for costly initial investments. This turnkey setup minimizes the start-up time and expenses associated with launching a new business. The seller is open to owner financing, making this an even more attractive proposition for qualified buyers. This is an exceptional opportunity to acquire a thriving business or establish a new venture in a prime location with significant potential for growth and profitability. The property's existing infrastructure and ample space provide a solid foundation for immediate success. Don't miss this chance to own a well-established business in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Russellville
County
Colbert
State
Alabama
Longitude
-87.6827
Latitude
34.5751
CBSA code
22520
CBSA name
FLORENCE-MUSCLE SHOALS, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,194
$0.00
$0.00
$38,140
-
$13,300
$177,400
$190,700
More about this property
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