Old La Fortuna Bar-B Que Restaurant 102 N Highway 81

Investment Highlights

Heavy Traffic Area Close to Downtown and High School

Executive Summary

Prime Opportunity for Restaurant/ Fast food or Commercial use. This property is zoned C-4 General Commercial. Lot size of Highway frontage is .28 acres with 141 foot of frontage. This space is priced at $220,000. The home to the rear is zoned R-1 with a lot size of .16 acres. Small 1096 sq ft home on site with a shop in rear. Total assessed acres between two lots are .44. Second lot being offered for $75,000 as an additional land purchase with sale and will need to be re-zoned for commercial use if applicable.

• Sale Type    Investment or Owner User
• Sale Condition    Deferred Maintenance
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar General Retail Storefront Retail/Office Restaurant
• Building Size    16,000
• Building Class    C
• Year Built/Renovated    1920/2020
• Price    160,000
• Price Per SF    10
• Percent Leased    100
• Tenancy    Multiple
• Building Height    3 Stories
• Building FAR    2.83
• Land Acres    0.13 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.