About This Restaurant
Investment Highlights
National Register of Historic Places: Established in 1899, The Peerless Saloon & Grille is the oldest operating bar in the state of Alabama. Operational Upside: New Ownership can benefit from acquiring a long-standing business and local landmark while implementing modern technology Strategic Location: Positioned in Downtown Anniston just minutes from I-20, this property benefits from the ongoing revitalization Bifurcated Income Streams: Ability to generate cash flow from both food and alcohol sales. Tourist Attraction: Ability to attract customers through marketing of historical significance of property. Recent Renovations: Many recent renovations to the site have been made including but not limited to: Window maintenance
Executive Summary
Broker of RecordKyle MatthewsLicense No. 000110253 - 0 (AL)(866) 889-0550Matthews Real Estate Investment Services, Inc1600 West End,Ste. 1500 Nashville, TN 37203
Property Details
- Sale Type Investment
- Sale Conditions Lease Option Lease Option Redevelopment Project Lease Option
- Property Type Retail
- Property Subtype Storefront Storefront General Retail Bar General Retail Restaurant General Retail Storefront Retail/Residential Storefront
- Building Size 4,268
- Building Class C
- Year Built 1900
- Tenancy Single
- Building Height 2 Stories
- Slab To Slab 14?
- Building FAR 1.78
- Land Acres 0.06 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Taxes
Parcel Number | 21-03-07-1-001-014.000 | Improvements Assessment | $1,080 |
Land Assessment | $55,176 | Total Assessment | $56,256 |
Date Created: | 2024-07-16 04:09:19 | Last Updated: | 2024-07-16 04:09:19 |
Address: | 13 W 10th St , Anniston, Alabama, 36201 |