Mixed Use For Sale (Former Landry's)

Retail-Commercial for Sale
Catylist Listing ID: 30557111
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Other
Building Status: Proposed
Building Size (RSF): 7,650 SF
Gross Building Area: See Agent
Gross Land Area: 1.94 Acres
Sale Price: $2,200,000
Unit Price: $287.58 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Landry's Restaurant
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/31/2021

Overview / Comments

Approx. 1.94± acres of land for sale. Possible to expand next door for an additional 0.867± acres (former Arby’s is $995,000)
Redevelopment Opportunity, Retail, Hotel, Multi-Family and/or Mixed Use site (Zoned PMUD: Planned Mixed Use District)
Highly Visible from I-65 and Lakeshore Parkway
Located in Homewood Commons Shopping Center
Currently Former’s Landry’s Seafood Restaurant is on site and is approx. 7,650± Free Standing BLDG (Great shape and includes some kitchen equipment—move-in ready)

Additional Details

Nearest MSA: Birmingham-Hoover
County: Jefferson
Tax ID/APN: 2900234008004000
Property Located Between: I-65 & Lakeshore Parkway
Property Visibility: Excellent
Largest Nearby Street: I-65 & Lakeshore Parkway
Area Description: Currently there are multiple hotels less than one mile including Holiday Inn, Suburban Extended Stay, Hilton Garden Inn, Drury Inn & Suites, Best Western Plus, La Quinta Inn & Suites, Residence Inn, Extended Stay America, Candlewood Suites, and Hampton Inn.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,151 81,535 215,874
Median Age: 31.7 35.96 37.11
Households: 4,558 34,897 91,077


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