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Live Bait 24281 Perdido Beach Blvd

12,926 SF Retail Building Orange Beach, AL 36561 £4,107,863 (£318/SF)

Investment Highlights

  • Prime location
  • New hotel being built next door
  • Been in business for 30 years

Executive Summary

Prime investment centrally located in beautiful Orange Beach. Live Bait has been a popular staple for the last 25 years. Restaurant is turnkey with absentee ownership. Both buildings are in excellent condition with all new HVAC, electrical, plumbing, roofing. Would consider triple net lease with experienced restaurant owner. For sale by owner and will give 3% commission to broker/agent.

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
£4,107,863
Price Per SF
£318
Tenancy
Single
Number of Floors
1
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 £309,381
Land Assessment £221,872 Total Assessment £531,252

PROPERTY TAXES

Parcel Number
65-04-18-0-000-004.000
Land Assessment
£221,872
Improvements Assessment
£309,381
Total Assessment
£531,252
(205) 422-6165

Contact

  • Richie Montelaro
    Richie Montelaro
  • Live Bait

  • Listing ID: 34149030

  • Date on Market: 10/12/2024

  • 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.

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© 2024 CoStar Group

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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