Restaurant Building with
For Sale
$389,900
506 N Main St, Tuscumbia, AL 35674
COMMERCIAL - Tuscumbia, AL
Property Size3,076 SF
Lot Size0.47 Acres
Price / SF$126.76
Days on Market89
Property Features for 506 N Main St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
00 Commercial
Bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Elementary school
Trenholm
Middle school
Deshler
High school
Deshler
Directions
S Woodward Ave, turn Right on 6th Street, follow into Tuscumbia Right on Main Street, building across from Foodland.
Subdivision
Colbert
Standard status
Active
APN
1302043003001001
Size
3,076 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
WEST 110' LOT 20 TUSCUMBIA 110 X 132 /DB 2018 PG 11187-11188 & DB 2021 PG 42576-42582 (CONTRACT FOR DEED WITH ACCT #36143 - BRILEY PROPERTIES LLC)
Tax Annual Amount
3871
Legal Description
WEST 110' LOT 20 TUSCUMBIA 110 X 132 /DB 2018 PG 11187-11188 & DB 2021 PG 42576-42582 (CONTRACT FOR DEED WITH ACCT #36143 - BRILEY PROPERTIES LLC)
Utilities
Sewer type
Public Sewer
Amenities
zero-entry porch
private parking lot
2 office spaces
2 bathrooms
front lobby/sitting area
service counter
kitchen
Building Details
Year built
1996
Listing Agency:
EXIT River City Realty · EXIT Realty
(256) 284-7781
Listed By:
Jamie Lane
(256) 284-7781
Added: Jun 2
Changed: Aug 12
Last Checked: Aug 29 at 4:06PM
MLS# 529272
Copyright © 2026 Strategic MLS Alliance, INC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This restaurant building is configured with a front lobby/sitting area, a service counter, and a kitchen, along with two office spaces and two bathrooms. The property also includes a zero-entry porch and a private parking lot. HVAC updates include a mini split in the kitchen area (2024), main area AC replaced in 2023, and a mini split at the back of the building (2025). Equipment is available separately from the sale of the building.
The property is located on N Main St in Tuscumbia, Alabama.
With its drive-thru window and on-site service and office layout, the building is set up for day-to-day restaurant operations within an established commercial context on Main Street.
The property is located on N Main St in Tuscumbia, Alabama.
With its drive-thru window and on-site service and office layout, the building is set up for day-to-day restaurant operations within an established commercial context on Main Street.
Key Highlights
- Building on Main Street in Tuscumbia, built in 1996, with public sewer
- Zero‑entry porch plus private parking lot for customer or staff access
- Drive‑thru window and front lobby/sitting area, along with a service counter and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,120
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$442,400
$442.4K
Cap Rate 7%
$316,000
$316.0K
Cap Rate 9%
$245,778
$245.8K
Market Conditions
NOI Build-Up for 3,076 SF
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.
Gross rent
$31.4K $10.20/SF
− Vacancy
−$1.9K −$0.61/SF
EGI
$29.5K $9.59/SF
− OpEx
−$7.4K −$2.40/SF
NOI
$22.1K $7.19/SF
Area
Colbert County, AL
Vacancy
6.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$442,400
Cap Rate 7%
$316,000
Cap Rate 9%
$245,778
Alternative Uses
Best Use
Specialty Retail
$316.0K
$276.5K – $368.7K
NOI $22,120 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$491.2K
$429.8K – $573.1K
NOI $34,384 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
5,724 visits/mo
0.5 miles
Chevron
Shops & Services
2,355 visits/mo
0.5 miles
Demographics for 35674, AL
19,536
Population
8,945
Households
2.2
Avg Household Size
43
Median Age
23%
College-Educated
87%
High-School Grad
174.1 sq mi
ZIP Area
112
Density / Sq Mi
$56,960
Median Household Income
$39,288
Median Earnings
$768
Median Rent
$176,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Livin' It Up Nutrition — 103 S Dickson St, Tuscumbia, AL 35674
- Charlie's Coffee Co — 506 N Main St, Tuscumbia, AL 35674
Frequently Asked Questions
What type of property is this?
Coffee shop - Restaurant building with a drive-thru window, private parking lot, two offices, and kitchen plus multiple recent HVAC updates.
Where is this coffee shop located?
The property is located at 506 N Main St Tuscumbia, AL.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Building on Main Street in Tuscumbia, built in 1996, with public sewer; Zero‑entry porch plus private parking lot for customer or staff access; Drive‑thru window and front lobby/sitting area, along with a service counter and kitchen
