Turnkey Restaurant and Bar
11186 AL HIGHWAY 51, Opelika, AL 36804
Fully equipped restaurant and bar on 1 acre lot.
Type:Commercial/Industrial
Property size:
4,000 SFLot size:
1.00 AcrePrice / SF:
$131/SF- Added:
- Sep 15, 2025
- Days on Market:
- 260
- Last Refresh:
- Apr 7 at 10:12 pm
Property Features for 11186 AL HIGHWAY 51
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 1.00 Acre
- Property subtype
- Commercial/Industrial
Listing agent COLE MAXWELL License #155218 (334) 707-8402
Listing office COMPREHENSIVE COMMERCIAL (334) 707-8402
Listing date Sep 15, 2025
Source Exitrealty
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 COMPREHENSIVE COMMERCIAL
HighLights
- Turnkey restaurant and bar opportunity with all equipment, furniture, and fixtures included.
- Prime visibility at a four‑way intersection with approximately 4,000 vehicles per day.
- Spacious ±3,500 SF building on ±1 acre with dining area, full bar, and outdoor patio.
- Commercial‑grade kitchen with vent hood, fire suppression, and stainless steel prep areas.
- Located at the busy intersection of Hwy 51 and Maddox Road (Whatley Crossroads).
- Built‑in sprinkler and fire suppression systems.
Overview
This is a turnkey restaurant and bar opportunity located at the intersection of Hwy 51 and Maddox Road (Whatley Crossroads). The building has approximately 3,500 SF of space and sits on an approximately 1-acre lot. The sale includes all equipment, furniture, and fixtures. The property is suitable for a restaurant, bar, or event venue. The building, originally constructed in 1930 and renovated multiple times, features a spacious dining area with a full bar and outdoor patio. The commercial-grade kitchen includes a vent hood, fire suppression, and stainless steel prep areas. The property also has built-in sprinkler and fire suppression systems. Utilities include water, power, and propane gas. The property has visibility at a four-way intersection with daily traffic counts of approximately 4,000 VPD.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.8k | $15.96 |
| − Vacancy | −$5.0k | −$1.24 |
| EGI | $58.9k | $14.72 |
| − OpEx | −$14.7k | −$3.68 |
| NOI | $44.1k | $11.04 |
4,000 SF · lease $15.96/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$630.6K
$551.8K – $735.8K
NOI $44,145 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$975.6K
$853.6K – $1.14M
NOI $68,291 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Bars & Pubs
Location Insight
- Map
- Local Demand
- City
- Opelika
- County
- Lee
- State
- Alabama
- Longitude
- -85.374715
- Latitude
- 32.49704
Nearby Similar for Sale
FAQs
What type of property is this?
Bar & Pub - Fully equipped restaurant and bar on 1 acre lot.
Where is this bar & pub located?
The property is located at 11186 AL HIGHWAY 51 Opelika, AL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Turnkey restaurant and bar opportunity with all equipment, furniture, and fixtures included.; Prime visibility at a four‑way intersection with approximately 4,000 vehicles per day.; Spacious ±3,500 SF building on ±1 acre with dining area, full bar, and outdoor patio.
