12367 COUNTY ROAD 42 $2,500,000

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    12367 COUNTY ROAD 42 JEMISON, AL 35085

    • 2.09 Acres
    • Commercial
    • MLS# 21371503
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    Views: 99 Days On Site: 151

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    Property Details

    There are not many investment opportunitys like this one, Full functioning restaurant with potential for alot of growth if the new owner wants to extend the hours and or apply for a liquor license. Separate from the main dining area is a second large dining room that would be great for karaoke, rent out for bdays, or just use for guest to dine as it is currently. Lets not forget the 9 rental homes that are also on the property, 7 mobiles homes and 2 campers. All currently rented, and connected to sewer. The resaurant will come with everything with the exception of a couple of rented appliances. The resaurant alone can produce up to 15-20,000 per week giving you a great return on your investment. There is also an apartment above the restaurant where the owner or a manager could live to be close to work. And all of this is only 2/10ths of a mile from the interstate where the restaurant is listed on the exit signs.

    • General Features
      • County Chilton
      • MLS Market Area Chilton County
      • Property Type Retail
      • Sale Includes Bldg
      • Sales Type N/A
      • Year Built 1960
      • Year Built Desc Existing
    • Building Features
      • Building Name Smokey Hollow & Trailer Park
      • Cooling Central-Electric, Window Units
      • Construction Frame/Wood
      • Flood Plain Y/N No
      • Heating 2+ Systems, Electric (HEAT), Propane Gas
      • Floors Concrete (FLOOR), Tile/Vinyl
      • IDX Include Yes
      • Interior Block, Paneling, Sheetrock
      • Leases None
      • ROOMS Kitchen, Living Quarters, Public Restrooms, Reception Area
      • Number of Buildings 11
      • Number of Stories 2
    • Room Features
      • Type of Business Food Service, Retail
    • Property Features
      • Number of Acres 2.09
      • Street Property Access Paved Road
      • Property Includes Equipment, Fixtures, Inventory
      • Property To Remain All Window Treatments, Electric Stove, Gas Stove, Refrigerator

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $2,500,000
    11/28/2023 1:12:00 PM New in Database Source: Multiple Listing Service New Value: $2,500,000

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    ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Information is provided in part by the IDX Program of the Birmingham Area Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.