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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.PROPERTY FEATURES
Room Total : 20
Utilities : Cable Available,Phone Connected,Sewer Connected,Water Connected
Sewer : Public Sewer
Parking Features : Asphalt (ParkingFeatures),Lot,Off Street
Parking Total : 100
Road Frontage Type : State Road
Roof : Metal,Other (Roof)
Above Grade Finished Area : 5733
Heating : 2 Central Units
Cooling : Central Air,Window Unit(s)
Construction Materials : Frame/Steel,Stone
Interior Features : Inside Storage
Flooring : Carpet,Combination (Flooring)
Other Equipment : Fixtures/Furniture,None,Sign-Roof
Other Structures : Storage (OtherStructures)
Docs On File : Appraisal
Easements : None
PROPERTY DETAILS
Street Address: 1280 George Wallace Hwy
City: Russellville
State: Alabama
Postal Code: 35654
County: Colbert
MLS Number: 503224
Year Built: 1966
Courtesy of RE/MAX Tri-State
City: Russellville
State: Alabama
Postal Code: 35654
County: Colbert
MLS Number: 503224
Year Built: 1966
Courtesy of RE/MAX Tri-State
Courtesy of South Main Realty
