386 Highway 82 S

Investment Highlights

Building 1 is a set up as a full service restaurant - ready to recognize your dream of opening your own restaurant Building 1 could be used as a retail building, office building, vet clinic, etc. Endless possibilities! Building 2 is set up with a kitchen and is occupied by Catered Kitchen

Executive Summary

2 BUILDINGS SIT ON THIS 3.3 ACRE TRACT (tract 2 - see attached plat)BUILDING 1 IS APPROXIMATELY 2,500 SF AND WAS FORMERLY A MEXICAN RESTAURANT AND SHANES RIB SHACK AT ONE TIME. It includes some kitchen equipment, tables/chairs, etc. This building has approximately 2,000 SF on the main level with another 500 SF +/- on the upper level. This building is presently VACANT. In the past, this building was leased out to a Mexican Restaurant for $3,500 per month. BUILDING 2 IS APPROXIMATELY 1,200 SF AND WAS FORMERLY A SUBWAY RESTAURANT. NOW IT HOUSES "CATERED KITCHEN", THE CURRENT TENANT. A TOTAL OF 3.30 ACRES IS INCLUDED WITH THE SALE - EACH BUILDING HAS ITS OWN SEPTIC TANK SYSTEM; HOWEVER, TO INCREASE SEATING CAPACITY, BUILDING 1 MUST HAVE A NEW SEPTIC SYSTEM INSTALLED. THAT PLAN HAS ALREADY BEEN APPROVED BY THE JACKSON COUNTY HEALTH DEPARTMENT - THE NEW OWNER OF THIS PROPERTY MUST INSTALL THE NEW SEPTIC SYSTEM, IF THEY WISH. SHOULD BUILDING 1 BE USED FOR AN OFFICE OR RETAIL TYPE BUILDING, THEN THE EXISTING SEPTIC SYSTEM IS ADEQUATE.BUILDING 2 IS OCCUPIED BY CATERED KITCHEN. THEIR LEASE WILL EXPIRE ON 9/30/25.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    4,908
• Building Class    B
• Year Built    1993
• Price    2,995,000
• Price Per SF    610
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.11
• Land Acres    1.02 AC