Turn-Key Restaurant
548 Wilson Avenue N Mobile, AL 36610
548 Wilson Avenue N, Mobile, AL, 36610
$89,900
For Sale
$89,900
Solid concrete block restaurant building with walk-up serving windows and an equipped commercial kitchen for takeout operations.
Property Size367 SF
Price / SF$244.96
Days on Market39
Property Features for 548 Wilson Avenue N
General Information
- Standard status
- Active
- Size
- 367 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1978
Listing Agency
IXL Real Estate LLC
(251) 455-5798
Listed by
Layla Pollman
(251) 455-5798
Source
Xome
Added: Jun 10 Checked: Jul 3 at 7:12 pm
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 IXL Real Estate LLC
Investment Insights
Based on property information with market context.
This solid concrete block commercial building is set up as a turn-key restaurant opportunity, offering walk-up serving windows designed for convenient customer pickup. The property includes a durable concrete block foundation and comes with commercial kitchen appliances and equipment, supporting an immediate food service operation without major start-from-scratch upgrades. The prior use is noted as a chicken wing, hamburger, and ice cream concept, aligning well with takeout-focused service formats.
Located on busy Wilson Ave in Prichard, AL, the building is positioned for high traffic exposure on a busy intersection just off the interstate. The combination of visibility and drive-by traffic makes the site especially relevant for operators looking to attract walk-up and passersby traffic.
For a buyer or operator seeking a restaurant facility already outfitted for service, this property offers a practical configuration for takeout and counter service. With walk-up serving windows and included commercial kitchen equipment, it can support a food service business that prioritizes quick fulfillment and efficient daily operations.
Located on busy Wilson Ave in Prichard, AL, the building is positioned for high traffic exposure on a busy intersection just off the interstate. The combination of visibility and drive-by traffic makes the site especially relevant for operators looking to attract walk-up and passersby traffic.
For a buyer or operator seeking a restaurant facility already outfitted for service, this property offers a practical configuration for takeout and counter service. With walk-up serving windows and included commercial kitchen equipment, it can support a food service business that prioritizes quick fulfillment and efficient daily operations.
Key Highlights
- Solid concrete block restaurant building built in 1978
- Equipped commercial kitchen with appliances and equipment for food service/food prep
- Includes walk‑up serving windows for takeout operations
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 | $7.7k | $21.00 |
| − Vacancy | −$308 | −$0.84 |
| EGI | $7.4k | $20.16 |
| − OpEx | −$1.8k | −$5.04 |
| NOI | $5.5k | $15.12 |
367 SF · lease $21.00/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$79.3K
$69.4K – $92.5K
NOI $5,549 @ 7.0% cap · market cap 6.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$93.3K
$81.6K – $108.8K
NOI $6,530 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Solid concrete block restaurant building with walk-up serving windows and an equipped commercial kitchen for takeout operations.
Where is this conventional restaurant located?
The property is located at 548 Wilson Avenue N Mobile, AL.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: Solid concrete block restaurant building built in 1978; Equipped commercial kitchen with appliances and equipment for food service/food prep; Includes walk‑up serving windows for takeout operations