8370 US Highway 231 South $509,000

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    8370 US Highway 231 South Ozark, AL 36360

    • 1.76 Acres
    • Commercial
    • MLS# 197073
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    Property Details

    Situated on a sprawling 1.76 acre parcel along the bustling US Highway 231 in the charming town of Newton, Alabama, this exceptional commercial property presents a unique and lucrative opportunity for investors and entrepreneurs alike. Only 9 miles from Dothan! Currently operating as a thriving steakhouse, this property is a turnkey solution for those looking to step into the world of hospitality with ease. The property not only includes the land and the building but also comes fully equipped with all the contents of the restaurant and kitchen, making it a seamless transition for the new owner. From state-of-the-art grills and ovens to essential refrigeration units, warmers, tables, booths, chairs, and a host of other equipment, every element needed to run a successful eatery is already in place. Moreover, the inclusion of the gift shop inventory adds another layer of potential revenue streams for the savvy buyer. This additional offering provides a chance to diversify the business and cater to a broader customer base, enhancing the overall appeal and profitability of the establishment. With a generous allocation of 70 parking spaces, accommodating patrons is a breeze. Furthermore, the property offers ample room for expansion, allowing for future growth and development. The strategic location of this property along the prominent US Highway 231 ensures high visibility and easy accessibility, drawing in a steady stream of customers and passersby. Business is listed separately.

    • General Features
      • Approximate Acreage 1.76
      • Approximate Year Built 1974
      • Area 10 Dale
      • County Dale
      • Subdivision na
      • Waterfront Details No Waterfront
    • Property Features
      • Num Buildings 1

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $509,000
    4/16/2024 11:15:00 AM New in Database Source: Multiple Listing Service New Value: $509,000

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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 Dothan Association of REALTORS®. 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.