Restaurant Building with
2880 Main Street Millbrook, AL 36054
New
For Sale
$250,000
Restaurant building with a newly installed service window, walk-in cooler, and original vault, plus three bathrooms.
Property Size1,887 SF
Price / SF$132.49
Days on Market3
Property Features for 2880 Main Street
General Information
- Standard status
- Active
- Size
- 1,887 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1963
Listing Agency:
RE/MAX Cornerstone Plus
(334) 399-5797
Listed By:
Chandler T. Benton · License #0164743
(334) 399-5797
Source:
Exitrealty
Added: Jul 23
Changed: Jul 25
Last Checked: Jul 25 at 7:40AM
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 RE/MAX Cornerstone Plus
Investment Insights
Based on property information with market context.
This restaurant building offers multiple practical food-service features, including a walk-in cooler and three bathrooms. The space includes storage and display cases, along with decor that can support a quick move-in for a food concept. The property also retains its original vault, which can function as secure storage or as a distinctive interior design element. A newly installed service window supports a potential drive-thru configuration.
The building is located on Main Street in Millbrook and is presented as a high-visibility downtown offering.
Additional reported improvements include a new roof installed in 2022. The property has been freshly cleaned and is ready to show.
The building is located on Main Street in Millbrook and is presented as a high-visibility downtown offering.
Additional reported improvements include a new roof installed in 2022. The property has been freshly cleaned and is ready to show.
Key Highlights
- 1963‑built commercial building with newly installed service window for potential drive‑thru use
- Original VAULT remaining from former bank—feature for secure storage or retail/office/specialty use
- Formerly used as a donut shop with storage and display cases included
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 | $31.7k | $16.80 |
| − Vacancy | −$1.8k | −$0.94 |
| EGI | $29.9k | $15.86 |
| − OpEx | −$7.5k | −$3.96 |
| NOI | $22.4k | $11.89 |
1,887 SF · lease $16.80/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$320.6K
$280.6K – $374.1K
NOI $22,445 @ 7.0% cap · market cap 8.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$391.3K
$342.4K – $456.5K
NOI $27,390 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Kingdom Dough, LLC
Bakery
FAQs
What type of property is this?
Drive through restaurant - Restaurant building with a newly installed service window, walk-in cooler, and original vault, plus three bathrooms.
Where is this drive through restaurant located?
The property is located at 2880 Main Street Millbrook, AL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1963‑built commercial building with newly installed service window for potential drive‑thru use; Original VAULT remaining from former bank—feature for secure storage or retail/office/specialty use; Formerly used as a donut shop with storage and display cases included
