$1,030,000
$1,100,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
3517 McFarland BLVD E Tuscaloosa, AL 35405
2,854 SqFt
Key Details
Sold Price $1,030,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 2,854 sqft
Price per Sqft $360
MLS Listing ID 164684
Sold Date 01/14/25
HOA Y/N No
Year Built 1976
Annual Tax Amount $5,811
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions Public Records
Property Sub-Type Hotel/Motel
Property Description
Attention investors! Prime Tuscaloosa real estate conveniently located near the I20/59 interstate exchange and directly fronting McFarland Boulevard. This property is currently being used as a fast-food restaurant. This property is ready for new ownership and currently is in a 5-year renewable lease with a trusted national brand, excellent cap rate and triple net lease. Don't miss a chance to own this excellent piece of property that will prove to be a smart investment for many years to come as Tuscaloosa continues to grow and thrive in West Central Alabama.
Location
State AL
County Tuscaloosa
Area (02) Central Tuscaloosa City
Direction McFarland Blvd, near the I20/59 overpass building will be on the right next to Wade's Pawn Shop and Shrimp Basket.
Interior
Fireplace No
Exterior
Parking Features Parking Space(s)
Others
Tax ID 30-09-31-2-002-018.000
Financing Cash
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Bought with NextHome Legacy Group