Conventional Restaurant

Athens, AL Conventional Restaurants for Sale

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Elkmont, AL Rogersville, AL Hillsboro, AL Tanner, AL Decatur, AL Trinity, AL Lester, AL Courtland, AL
Restaurant Building with Large Parking Area
Updated: Nov 27, 2024
Restaurant Building with Large Parking Area

21366 ATHENS LIMESTONE BOULEVARD, Athens, AL 35611

$1,900,000
4,929 sqft 2.21 AC lot
4,929‑square‑foot restaurant building on 2.21 acres
Approximately 80 parking spaces
Corner parcel with approximately 570 feet of road frontage
Near I‑65 Exit 351 and lodging options
Built in 2005; stone and stucco exterior
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Former Restaurant Building For Sale
Updated: Jan 14, 2025
Former Restaurant Building For Sale

21366 Athens Limestone Boulevard, Athens, AL 35611

$2,200,000
4,929 sqft
Easily convertible restaurant space (former Ruby Tuesday).
Large parking area with approximately 80 spaces.
Excellent visibility with approximately 570’ of road frontage on a corner lot.
Convenient access to I‑65 (Exit #351).
Located in a strong Athens market.
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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2 active listings match your search: Restaurant for sale in Athens, AL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant Property with Kitchen
Restaurant Property with Kitchen

1010 HEATHLAND DRIVE, Huntsville, AL 35816

$3,000,000
6,500 sqft 1.41 AC lot

Food-service facilities include a walk-in freezer, two offices, storage, and parking.

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Restaurant Outparcels for Sale
Restaurant Outparcels for Sale

1213-1217 Point Mallard Pkwy, Decatur, AL 35601

$6,550,000
14,010 sqft

Offered for sale restaurant outparcels in Decatur, Alabama, part of The Crossings of Decatur retail development.

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Single-Tenant Net-Lease Restaurant
Single-Tenant Net-Lease Restaurant

1209 Point Mallard Parkway SE, Decatur, AL 35601

Contact for pricing
14,010 sqft

Three single-tenant net-leased buildings leased to LongHorn Steakhouse, Regions Bank, and AT&T at a signalized corner.

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Commercial Land with Existing Building
Commercial Land with Existing Building

2713 Patton Road Southwest, Huntsville, AL 35805

Contact for pricing
8,000 sqft

Commercial site with an existing building suitable for adaptive reuse or repositioning.

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Athens, AL Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Athens, AL on our real estate platform. These investment opportunities span a total of 9,858 square feet of properties for sale, with an estimated market value of $4,100,000.

Sale prices for conventional restaurants in Athens, AL start at $1,900,000, averaging $2,050,000, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2

Demographics Overview

Population 60K
Population Growth (5Y) +0.4%
Median Household Income $74,404
College Educated 26.9%

High-Yield Neighborhoods for Investment

Identify Athens submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
35611 $2.1M

Taxes & Financing

Tax Rate (average for all types) 3.71%
Property Tax per SF $94.96 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Limestone County

New Delisted

Total CRE Inventory on Market (SF)

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