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    307 N Montgomery Ave Sheffield, AL 35660

    For Sale
    $925,000

    Commercial Sale - Sheffield, AL

    Property size:
    6,000 SF
    Days on Market:
    311
    Last Refresh:
    Dec 8 at 10:06 am

    Property Features for 307 N Montgomery Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B1
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    0708283010040000
    Parking features
    On Street
    Patio and Porch features
    Porch
    Interior features
    Built-in Features, Ceiling-high, Counters - Solid Surface, Entrance Foyer, Handicap Features, Inside Storage, Recessed Lighting, Track Lighting, Utility Sink
    Exterior features
    City Lot, Porch
    Accessibility
    Accessible Approach with Ramp
    Size
    6,000 SF

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1952
    Flooring type
    Concrete
    Building materials
    Block, Brick, Other
    Roof type
    Metal
    Architectural style
    Other

    TRI STATE HOLDINGS, llc (256) 810-4786 [email protected]

    Listing agent Beth Pirtle (256) 810-4786 License #000101566

    Listing date Feb 1, 2025

    MLS# 502218 Listing URL

    Copyright © 2025 Shoals Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant with Event Room

    This well-established restaurant, complete with an event room known as 'The Logan Room,' is available for immediate occupancy. The sale includes all fixtures and equipment. Located in downtown Sheffield, Alabama, the property features a beautiful atmosphere with craftsman details throughout. The Logan Room is ready for events. The property is zoned B1 and is 6,000 square feet. The lot size is 0 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Logan Room Wedding Venue The Red Clay Table Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Rhoda P's Restaurant & Catering

    Location Insight

    • Map
    • Local Demand
    City
    Sheffield
    County
    Colbert
    State
    Alabama
    Longitude
    -87.6991324
    Latitude
    34.7611046

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant with event space in downtown Sheffield, Alabama.
    Where is this restaurant located?
    The property is located at 307 N Montgomery Ave Sheffield, AL.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - Well-established restaurant ready for immediate occupancy.; - Includes all fixtures and equipment.; - Features a separate event space, **'The Logan Room'**.
    (256) 810-4786
    Request Owner's contact information
    307 N Montgomery Ave Sheffield, AL 35660
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    Sheffield, AL 35660
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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

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    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
    307 N Montgomery Ave Sheffield, AL 35660
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