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Live Bait 24281 Perdido Beach Blvd

12,926 SF Retail Building Orange Beach, AL 36561 $6,138,488 CAD ($475 CAD/SF)

Restaurants Alabama Orange Beach 24281 Perdido Beach Blvd, Orange Beach, AL 36561

INVESTMENT HIGHLIGHTS

  • Prime location
  • New hotel development under construction next door
  • 2% commission to broker/agent
  • Community Staple for 30 years
  • For sale by owner

EXECUTIVE SUMMARY

Prime investment opportunity! Centrally located in beautiful Orange Beach. Live Bait has been a popular staple for the last 25 years. The restaurant is turnkey with absentee ownership. Both buildings are in excellent condition with all new HVAC, electrical, plumbing, roofing. The owner would consider triple net lease with an experienced restaurant owner.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,926 SF
Building Class
C
Year Built
1993
Price
$6,138,488 CAD
Price Per SF
$475 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
5.38 AC
Zoning
None
Parking
95 Spaces (7.35 Spaces per 1,000 SF Leased)
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NEARBY MAJOR RETAILERS

Waffle House
Walmart Neighborhood Market

PROPERTY TAXES

Parcel Number 65-04-18-0-000-004.000 Improvements Assessment $560,954 CAD
Land Assessment $402,287 CAD Total Assessment $963,241 CAD

PROPERTY TAXES

Parcel Number
65-04-18-0-000-004.000
Land Assessment
$402,287 CAD
Improvements Assessment
$560,954 CAD
Total Assessment
$963,241 CAD
(205) 422-6165

CONTACT

  • Listing ID: 34149030

  • Date on Market: 2024-12-10

  • Last Updated:

  • Address: 24281 Perdido Beach Blvd, Orange Beach, AL 36561

The Retail Property at 24281 Perdido Beach Blvd, Orange Beach, AL 36561 is currently available for sale. Contact Live Bait for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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Live Bait | 24281 Perdido Beach Blvd
(205) 422-6165 x

Live Bait | 24281 Perdido Beach Blvd

Richie Montelaro

(205) 422-6165

(205) 422-6165

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