If you're looking for the best piece of commercial real estate in Rehobeth, look no further. Situated on 1.29 acres adjacent to Dollar General and Rehobeth Elementary School, this high-traffic, highly visible business/development opportunity has it all. The 3,212 sqft building has been a community staple for years, but the true potential lies in the prime location and future development prospects. Rehobeth is a rapidly growing community with ambitious plans for expansion. The strong school system is a major driver of this growth, leading to the addition of a new sewer system and numerous new residential construction developments. The planned Rehobeth Town Center across the road from this property will further increase traffic and business opportunities, making this an excellent investment. This property includes one underground gas tank and ample space to redesign and start fresh with a new gas station or explore other commercial development opportunities. Detailed reports on retail demand by industry, retail demand outlook, household budget expenditures, and local ordinances are available upon request. The property is also eligible for off-premise beer and wine sales approval, adding another layer of potential for savvy investors. Back on market only due to Buyer's cold feet - Property is ready for new owner.
If you're looking for the best piece of commercial real estate in Rehobeth, look no further. Situated on 1.33 acres adjacent to Dollar General and Rehobeth Elementary School, this high-traffic, high-visibility business/development opportunity has it all. The existing 3300 sq/ft structure has deep roots and has been an integral part of the community for many years and has been host to restaurants, convenience stores, and everything in between over the years and is currently set up for food service. All food service equipment is to remain with property to include walk-in freezer and cooler, two gas fryers, six burner gas stove and oven, a gas grill, and 2 hot bars. The additional corner lot of this property is where the future opportunity lies. The extra lot is almost one acre in size and would be perfect for fast food, grocery, strip mall, bank, or office building setups.
Rehobeth is located in Alabama. Rehobeth, Alabama has a population of 1,713. Rehobeth is more family-centric than the surrounding county with 41.69% of the households containing married families with children. The county average for households married with children is 25.77%.
The median household income in Rehobeth, Alabama is $58,967. The median household income for the surrounding county is $50,222 compared to the national median of $69,021. The median age of people living in Rehobeth is 38.6 years.
The average high temperature in July is 91.9 degrees, with an average low temperature in January of 37.8 degrees. The average rainfall is approximately 54.6 inches per year, with 0.1 inches of snow per year.
