Conventional Restaurant

Athens, AL Conventional Restaurants for Sale

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Elkmont, AL Rogersville, AL Tanner, AL Decatur, AL Trinity, AL Lester, AL Courtland, AL Anderson, AL
Freestanding Restaurant Building
Updated: May 21
Freestanding Restaurant Building

21366 Athens Limestone Boulevard, Athens, AL 35611

$2,200,000
4,929 sqft 2.21 AC lot
2.21‑acre restaurant property in Athens, Alabama
Approximately 80 on‑site parking spaces
Corner‑lot position with approximately 570' of road frontage
Convenient to I‑65 Exit #351
Built in 2005 with concrete flooring
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Former Restaurant Building For Sale
Updated: Nov 28, 2024
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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See hot listings in Athens

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Athens, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

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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Restaurant Property with Commercial Kitchen
Restaurant Property with Commercial Kitchen

1010 Heathland Drive, Huntsville, AL 35816

$3,100,000
6,500 sqft 1.41 AC lot

Adaptable commercial layout includes offices, storage, parking, and public utilities.

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Restaurant Property with Commercial Kitchen
Restaurant Property with Commercial Kitchen

1010 Heathland Drive, Huntsville, AL 35816

$3,100,000
6,500 sqft

The layout includes two large offices, storage areas, parking, and a walk-in freezer.

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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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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 $4,400,000.

Sale prices for conventional restaurants in Athens, AL average $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 $2.2M

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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