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Operating Steakhouse with Bar

306 Highway 28 W, Livingston, AL 35470

For Sale
$230,000
Pending

The restaurant includes a furnished kitchen, dedicated bar area and space for private events.

Property Size2,000 SF
Lot Size1.10 Acres
Days on Market22

Property Features for 306 Highway 28 W

General Information

Standard status Pending
Size 2,000 SF
Lot size 1.10 Acres

Additional Details

Business Included Yes
Highway Access Yes
Equipment Included Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $943
Listing Agency: Keller Williams Tuscaloosa
Listed By: Krista Garrick · License AL #118531075
Source: Exprealty
Added: Oct 22 Changed: Nov 10 Last Checked: Nov 10 at 2:19PM

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 Keller Williams Tuscaloosa

Rey
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Investment Insights

Based on property information with market context.

This operating steakhouse in Livingston occupies approximately 1.1+/- acres and includes dining space, a bar area and a room for parties. The kitchen equipment transfers with the property, including fryers, a grill, oven, stove, griddle, refrigerators, a salad bar and freezers. A charcoal grill has been in place for more than 50 years, and the restaurant also has an original wooden dance floor. Outdoor seating is shown in digitally staged images and is presented as a possibility, not an existing improvement.

A large gravel parking area serves the site, which is seconds from I-20/59. The restaurant is currently open Tuesday through Saturday, from 4 PM until close.

Key Highlights

  • Approximately 1.1+/- acres with a large gravel parking area
  • Kitchen equipment conveys, including fryers, grill, oven, stove, griddle, refrigerators, salad bar and freezers
  • Restaurant includes dining, bar and party areas

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience Store Storage Facility Florist

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

235
Businesses Nearby
19k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 60% Shops & Services 40%
Jack's Family Restaurants Dining
11,180 visits/mo 0.4 miles
Dollar Tree Shops & Services
7,538 visits/mo 0.5 miles

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

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 - The restaurant includes a furnished kitchen, dedicated bar area and space for private events.
Where is this conventional restaurant located?
The property is located at 306 Highway 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: Approximately 1.1+/- acres with a large gravel parking area; Kitchen equipment conveys, including fryers, grill, oven, stove, griddle, refrigerators, salad bar and freezers; Restaurant includes dining, bar and party areas
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