802 Coats Ave Linden, AL 36748-1604
This exceptional commercial property at 802 E Coats Ave, Linden, Alabama, presents a unique investment opportunity at an asking price of $85,000. Built in 1953, this single-story building offers a versatile space previously utilized as a restaurant. The property boasts a convenient location, less than a mile from the new Highway 43 bypass and the Marengo County courthouse, ensuring high visibility and accessibility. The interior layout includes a dining area, kitchen, office space, a counter and order pick-up area, ample storage, and two restrooms. A potential pick-up window adds further operational flexibility. The kitchen area is equipped with a functional fire suppression system. The property also features abundant parking, enhancing its appeal to potential tenants or business owners. The lot size is 0.28 square feet. While the exact square footage of the building is not currently available, the property's versatile layout and prime location make it an attractive prospect for a variety of commercial uses, including restaurant, office, or retail. This is a rare opportunity to acquire a well-situated commercial building in a growing area of Linden, Alabama.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.