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    4840 Hatch Blvd Sheffield, AL 35660

    For Sale
    $1,199,000

    High-traffic location, renovated restaurant space, 10,000+ sq ft.

    Property size:
    10,031 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This expansive 10,031 square foot commercial building in Sheffield, Alabama, presents a remarkable investment opportunity. Ideally situated on a 3.11-acre lot in a high-traffic area of Colbert County, this property boasts significant potential for a variety of uses. Previously operated as a restaurant, the building features extensive indoor and outdoor spaces, including indoor and outdoor stages, a dance floor, multiple bar areas (both indoor and patio), and ample restaurant seating. The property also includes a substantial amount of storage space and a fully equipped kitchen. Recent renovations (completed since 2023) totaling approximately $300,000 have modernized the building significantly. These upgrades encompass new plumbing, electrical systems, lighting, roofing, a completely updated sprinkler system (meeting all current fire protection codes), new ceilings, HVAC ductwork, and two new HVAC units (installed within the last two years) and two new tankless hot water heaters (installed within the last year). The property also benefits from a transferrable ADT security system. With a capacity exceeding 400 people and approximately 100 parking spaces, this property is ready for immediate occupancy. The seller is open to considering lease options or owner financing arrangements. This is a rare chance to acquire a fully renovated, large-scale commercial property in a prime location.

    Property Features for 4840 Hatch Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    10,031 SF
    Lot Size
    135,472 SF

    Building Details

    Year Built
    1982
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Roma Italian Bistro Italian Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sheffield
    County
    Colbert
    State
    Alabama
    Longitude
    -87.66912
    Latitude
    34.76299

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, renovated restaurant space, 10,000+ sq ft.
    Where is this commercial real estate located?
    The property is located at 4840 Hatch Blvd Sheffield, AL.
    What is the asking price?
    The asking price for this property is $1,199,000.
    (256) 248-4320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4840 Hatch Blvd Sheffield, AL 35660
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