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    309 Bel Air Blvd Mobile, AL 36606

    Source: https://www.saltercompany.com
    For Sale
    $850,000

    Spacious restaurant, two stories, ample parking.

    Property size:
    8,614 SF

    Description

    Added:
    Feb 11, 2025
    Days on Market:
    300
    This 8,350 square foot restaurant space, located at 309 Bel Air Blvd in Mobile, Alabama (zip code 36606), is available for sale at $850,000. The property sits on a 0.64-acre lot and features a unique two-story layout. The main floor includes a large kitchen, bar, seating area, and hibachi tables with hoods, installed by a previous tenant. The second floor boasts a wrap-around interior balcony overlooking the main dining area, along with an additional bar and seating area. The building's total size is 8,614 square feet, with 8,350 square feet of net usable space. The property previously operated as a nightclub and includes sleeping quarters and ample storage. While the property is being sold "as-is," some roof work is required. The property consists of 11 units. This prime location near the Bel Air Mall presents a significant opportunity for a variety of food service and entertainment businesses. The unique floor plan and existing features offer a strong foundation for a successful venture. Serious inquiries only.

    Property Features for 309 Bel Air Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    8,614 SF
    Price / Square Foot
    $98
    Elevators
    N/A
    Net Rentable
    8,350 SF
    Lot Size
    27,950 SF

    Building Details

    Year Built/Renovated
    1972/1994
    Buildings
    1
    Stories
    1
    Units
    11

    HighLights

    • Prime 8,350 sq ft restaurant space in Mobile, AL, near Bel Air Mall.
    • Two‑story layout includes large kitchen, sleeping quarters, and ample storage.
    • Features hibachi tables, hoods, and bars on both floors; some roof work needed.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.117524
    Latitude
    30.675305

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    FAQs

    What type of property is this?
    Restaurant - Spacious restaurant, two stories, ample parking.
    Where is this restaurant located?
    The property is located at 309 Bel Air Blvd Mobile, AL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Prime 8,350 sq ft restaurant space in Mobile, AL, near Bel Air Mall.; Two-story layout includes large kitchen, sleeping quarters, and ample storage.; Features hibachi tables, hoods, and bars on both floors; some roof work needed.
    (850) 564-0120
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    309 Bel Air Blvd Mobile, AL 36606
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    Mobile, AL 36606
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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
    309 Bel Air Blvd Mobile, AL 36606
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