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Operating Steakhouse with Bar and Party Space
New
For Sale
$230,000

306 AL HWY 28 W, Livingston, AL 35470

CommercialSale, Livingston, AL

Property Size2,000 SF
Lot Size1.10 Acres
Price / SF$115
Days on Market5

Property Features for 306 AL HWY 28 W

General Information

Property type Commercial Sale
Property subtype Other
Directions From 20\59 take the Exit 17 towards Livingston, AL. Turn left and continue on HWY 28W. Austin's Steakhouse is located on the right.
Subdivision (07) Outside Tuscaloosa - Not Neighboring
Standard status Active
APN 60 18 05 16 0 003 028.002
Size 2,000 SF
Lot size 1.10 Acres

Taxes and HOA fees

Tax Description Beg. On Sw R/W St Hwy #28 137.3' Nw Of E Ln Sw1/4, Th: Nw 300.6'; S1399.9'; E 108.5'; Ne 287.5' To Pob In Ne1/4 Of Sw1/4. S16 T19n R2w
Tax Annual Amount 943
Legal Description Beg. On Sw R/W St Hwy #28 137.3' Nw Of E Ln Sw1/4, Th: Nw 300.6'; S1399.9'; E 108.5'; Ne 287.5' To Pob In Ne1/4 Of Sw1/4. S16 T19n R2w

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air

Building Details

Year built 1977
Number of units 1
Flooring type Concrete
Listing Agency: Keller Williams Tuscaloosa · Keller Williams Realty
Listed By: Krista Garrick
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 26 at 5:06AM
MLS# 178131

Copyright © 2026 West Alabama Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Operating as a restaurant, this 2,000-square-foot property includes dining space, a bar area, and a separate area for parties. The kitchen equipment conveys, including fryers, a grill, an oven, a stove, a griddle, refrigerators, a salad bar, and freezers. A charcoal grill has been in place for more than 50 years, and the building also has a wooden dance floor. Built in 1977, the property has central air conditioning and electric central heat.

The restaurant occupies approximately 1.1 acres and has a large gravel parking lot. It is located seconds from I-20/59 in Livingston, Alabama, and is currently open Tuesday through Saturday from 4 PM until close.

Key Highlights

  • 2,000 square feet on approximately 1.1 acres
  • Restaurant includes dining space, a bar, and party area
  • Kitchen equipment conveys, including fryers, grill, oven, stove, griddle, refrigerators, salad bar, and freezers

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Garden Center Kitchen & Bath Showroom Veterinary Clinic Big Box & Wholesale 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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby
Well-served
Demand for This Use

Demographics for 35470, AL

5,055
Population
1,732
Households
2.9
Avg Household Size
30
Median Age
29%
College-Educated
93%
High-School Grad
273.7 sq mi
ZIP Area
18
Density / Sq Mi
$40,042
Median Household Income
$12,106
Median Earnings
$933
Median Rent
$154,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - An equipped commercial kitchen and gravel parking lot support the restaurant’s current food-service operation.
Where is this conventional restaurant located?
The property is located at 306 AL HWY 28 W Livingston, AL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 2,000 square feet on approximately 1.1 acres; Restaurant includes dining space, a bar, and party area; Kitchen equipment conveys, including fryers, grill, oven, stove, griddle, refrigerators, salad bar, and freezers
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