Address
1280 George Wallace Hwy Russellville, AL
Price
$ 120,000
Property Attributes
  • MLS#501636
  • TypeCommercial
  • CountyFRANKLIN
  • CityRussellville
  • AreaColbert
  • Zip35654
  • StyleCommercial Sale
  • Price$ 120,000
  • Bedrooms0
  • Full Bathrooms20
  • Half Bathrooms4
  • Sqr Footage5733
Listing Provided Courtesy Of:
REMAX TRI STATE
Data Source:
Shoals Area AOR (SAAR) - 200 - AL
Property Description

Great investment opportunity! Lounge has been in operation under same ownership for 21 years with annual profits of $75-80K. Stone/frame constructed lounge with an above ground area of 5733 sq ft located on a 72,310 sq ft or 1.66 acres with utilities & asphalt parking. The adjacent, 20 unit hotel needs some TLC to bring it back to life. Buyer to verify all information.Call or text Tasha to schedule showings (256) 443-7000

Elementary School Middle School High School
County Elementary School County Middle School County High School
Price History
10/6/2021 Listed $120,000

General Features

# of Buildings 2
City Russellville
Class Commercial Sale
Community None
Cooling Central Air, Window Unit(s)
Directions COX CREEK PKWY TO VETERANS DR - LEFT ON S COURT ST/US-43 S/US-72 W/AL-13/AL-2/AL-17. Continue to follow US-43 S/US-72 W/AL-13/AL-2/AL-17 - LEFT ON WOODWARD AVE/US-43 S/US-72 W/AL-13/AL-2/AL-17/AL-20.
Docs On File Appraisal
Elementary School County
Flooring Carpet, Combination (Flooring)
Heating 2 Central Units
High School County
Middle School County
Parking Total 100
Price Per Sq Ft 20.93
Roof Metal, Other (Roof)
Sale/rent For Sale
Sewer Public Sewer
Status Active
Street Name George Wallace Hwy
Subdivision Name None
Type Commercial Sale
Utilities Cable Available, Phone Connected, Sewer Connected, Water Connected
Year Built 1966
Zoning None

Interior Features

Interior Features Inside Storage
Living Area 5733
Total Rooms 20
Total Units 20

Exterior Features

Lot Size Area 1.66
Lot Size Dimensions 210 X 375.8

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 35654

Price
AVG $270K
$120K
Year Built
AVG 1993
1966