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Investment Highlights

  • Bank-owned commercial property
  • Opportunity for owner-users, investors, or redevelopment
  • Suitable for restaurant or other commercial uses

Executive Summary

Don't miss this opportunity to purchase a bank-owned commercial restaurant building situated on approximately 0.44± acres. The property features a 3,200± square foot commercial building that is well-suited for restaurant, food service, or other commercial uses, subject to local zoning and approvals.
Whether you're an owner-operator looking to establish a new business, an investor seeking an income-producing opportunity, or a developer exploring future possibilities, this property offers flexibility and value. Its manageable site size and functional building layout make it an excellent opportunity to acquire a commercial property at auction. Bidding ends August 18th.
Property Highlights:
Bank-owned commercial property
3,200± square foot restaurant building
0.44± acre site
Suitable for restaurant or other commercial uses (subject to zoning)
Opportunity for owner-users, investors, or redevelopment
Bid Now - https://www.7hauctions.com/
The advertised price is a placeholder for MLS/search visibility. The property is being offered at auction, where the final sale price will be determined by the highest bid.
Seven Hills Auctions, LLC / William C. Lee III, Broker In Charge
Auction License: TN: 7182, GA: AU-C003134, GA :AU-003505, FL: AB3765, FL: AU4335, AL:C-253, AL: A5495, MS-A1613, LA-AB513, LA-2111
Real Estate License: GA-77326, GA-319468, FL-CQ1057830, FL: BK3266710, AL: 000147503, AL: 000144572, MS: 24292 , SC-REL.140231 BIC
Tennessee Properties Selling in Association with Morris Realty & Auction: TN#5248, TN#213238
South Carolina Auction License SC#4901. Brett Taylor, Licensed Auctioneer
Texas Properties Selling in Association with Riata Real Estate #9016677-BB, David Coleman TREC #530027-B, Texas Auction License #13489 and The Kossev Group LLC #9009057, Veselin Kossev, TREC #550087,
Illinois Properties Selling in Association with Rick Levin & Associates, INC

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
3,200 SF
Building Class
C
Year Built
1978
Price
$140,849 CAD
Price Per SF
$44.02 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.44 AC
Frontage
116’ on 4th St Nw
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Bank Independent
CB&S Bank
Piggly Wiggly

Property Taxes

Property Taxes

Parcel Number
07-04-19-0-000-042.000-0
Land Assessment
$1,296 CAD
Improvements Assessment
$91,157 CAD
Total Assessment
$92,453 CAD
  • Listing ID: 41395365

  • Date on Market: 2026-07-22

  • Last Updated:

  • Address: 607 4th St NW, Red Bay, AL 35582

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