Rare turnkey investment opportunity zoned for commercial use in the popular midtown area of Mobile, with plenty of room for expansion. Currently being used as a thriving Jazz & Blues club, this vibrant & unique establishment has endless potential & is only being sold because the owner is set to retire soon. Included in the sale is a well maintained building with a new roof, two new rooftop A/C units, updated electricals, fresh paint, pristine restroom facilities, & numerous flatscreen televisions. In addition there are three adjacent lots (206 Lafayette St, 1407 St Stephens Rd & 216 St Stephens Rd) that come with the purchase, allowing for new development or additional parking for any business. Also included in the sale is all existing furniture, electronics (including DJ equipment), cooler, ice maker, and a variety of inventory and supplies. This truly is an exceptional economic opportunity that is like nothing else found in the Mobile area! The Property is sold 'AS-IS', with no warranties or guaranties expressed or implied. Buyer to verify all measurements or any other information they deem important to the sale. For any additional questions or to schedule a showing feel free to contact the listing agents or your personal licensed real estate agent.
|DAYS ON MARKET||36||LAST UPDATED||10/26/2023|
|YEAR BUILT||1992||COUNTY||Mobile - AL|
|BUYER'S BROKERAGE COMPENSATION||2.4|
|LOT||5663 sq ft|
|LOT DESCRIPTION||Corner Lot|
|UTILITIES||Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available|
TOTAL MONTHLY PAYMENT
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