Conventional Restaurant

Red Bay, AL Conventional Restaurants for Sale

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Vina, AL Belmont, MS Golden, MS Tremont, MS Hodges, AL Russellville, AL Fulton, MS Cherokee, AL
Turnkey Restaurant Opportunity
Updated: Apr 29
Turnkey Restaurant Opportunity

602 Ne 4th St, Red Bay, AL 35582

$500,000
2,637 sqft
Longstanding restaurant business on NE 4th St with decades of operating history
More than 40 years serving the community as the Cardinal Drive Inn
Offered as a turnkey operation for immediate restaurant operations
Current owner is preparing for retirement
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Red Bay, 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.

Iconic Restaurant Opportunity in Russellville
Iconic Restaurant Opportunity in Russellville

12805 Hwy 43, Russellville, AL 35653

$695,000
1,965 sqft 1.08 AC lot

Established restaurant business with land, buildings, and equipment for sale.

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Former Restaurant in Russellville, AL
Former Restaurant in Russellville, AL

13670 Hwy 43, Russellville, AL 35653

$889,000
2,900 sqft

Restaurant with walk-in cooler and paved parking lot.

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Budget Motel with On-Site Restaurant
Budget Motel with On-Site Restaurant

2031 MILITARY ST S, Hamilton, AL 35570

Contact for pricing
6,423 sqft

Seventy-five-room Americas Best Value Inn includes a seasonal pool, parking, and an on-site Mexican grill.

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Zero Goodwill! Interstate Exit Location Gas Station Business with Full Kitchen in Hamilton, AL!
Zero Goodwill! Interstate Exit Location Gas Station Business with Full Kitchen in Hamilton, AL!

Hamilton, AL 35570

Contact for pricing
1 sqft

Zero Goodwill! Interstate Exit Location Gas Station Business with Full Kitchen in Hamilton, AL!

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Red Bay, AL Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Red Bay, AL on our real estate platform. These investment opportunities span a total of 2,637 square feet of properties for sale, with an estimated market value of $500,000.

Sale prices for conventional restaurants in Red Bay, AL start at $500,000, averaging $500,000, and reaching up to $500,000 — 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

Drive through restaurants 2

Demographics Overview

Population 4,507
Population Growth (5Y) +1.4%
Median Household Income $40,147
College Educated 28.0%

Taxes & Financing

Tax Rate (average for all types) 4.22%
Property Tax per SF $66.33 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Franklin County

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