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Turn-Key Fine Dining Restaurant
For Sale
Contact for pricing
Pending

111 W Troy St, Dothan, AL 36303

Turn-key fine dining restaurant seats 130 across two levels within The Colby Building.

Property Size5,192 SF
Days on Market148

Property Features for 111 W Troy St

General Information

Standard status Pending
Size 5,192 SF
Property subtype Mixed Use, Retail

Additional Details

Business Included Yes

Building Details

Year Built 1937
Stories 2
Listing Agency: NAI TALCOR
Listed By: Shannon Auty · License #AL 139611
Source: Crexi
Added: Apr 11 Changed: Sep 4 Last Checked: Sep 4 at 4:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI TALCOR

Investment Insights

Based on property information with market context.

Bella’s Fine Dining is a turn-key restaurant offering seating for 130 customers within The Colby Building. The space includes first- and second-level seating, with the first level featuring a full kitchen with a deli and a seating area. The second level offers a dining room, two full bars, and two private rooms.

The property also includes a Speak Easy area with two private rooms, including the Bourbon & Wine room (+2,848 SF). The sale is being offered with furniture, fixtures, equipment, decor, inventory, a website, and a loyal customer base.

The Colby Building is described as the original J.C. Penney department store built in 1937 and has undergone a complete remodeling over the last decade. The restaurant is situated at the corner of N. Foster and W. Troy Street in downtown Dothan, where multiple public improvements and new developments are underway, including enhancements to the opera house, a new amphitheater, hotel and mixed-use projects, and a Wiregrass arts & innovation center.

Key Highlights

  • Turn‑key fine dining restaurant operating inside The Colby Building, built in 1937 on the corner of N. Foster and W. Troy St.
  • Restaurant has 5,192 SF across first and second level seating and seats 130 customers.
  • First level includes a full kitchen with deli and seating area.

Property Analytics

Current Use

Bella's Fine Dining Restaurant

Suggested Use

Top Pick Dental Office Pharmacy Parking Lot & Garage Storage Facility Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,145
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 71% Shops & Services 25% Electronics 4%
Church's Chicken Dining
7,324 visits/mo 0.3 miles
American Deli Dining
5,830 visits/mo 0.2 miles
Marathon Shops & Services
4,574 visits/mo 0.4 miles
Metro by T-Mobile Electronics
812 visits/mo 0.4 miles

Demographics for 36303, AL

31,080
Population
14,622
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
58.9 sq mi
ZIP Area
528
Density / Sq Mi
$53,006
Median Household Income
$34,504
Median Earnings
$855
Median Rent
$175,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key fine dining restaurant seats 130 across two levels within The Colby Building.
Where is this conventional restaurant located?
The property is located at 111 W Troy St Dothan, AL.
What are key features of this property?
This property features: Turn‑key fine dining restaurant operating inside The Colby Building, built in 1937 on the corner of N. Foster and W. Troy St.; Restaurant has 5,192 SF across first and second level seating and seats 130 customers.; First level includes a full kitchen with deli and seating area.
(334) 406-1161 Call to check price and availability
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