Turn-Key Restaurant
548 Wilson Avenue N Mobile, AL 36610
548 Wilson Avenue N, Mobile, AL, 36610
$89,900
For Sale
$89,900
SINGLE_FAMILY - Mobile, AL
Property Size367 SF
Lot Size0.11 Acres
Price / SF$244.96
Days on Market30
Property Features for 548 Wilson Avenue N
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- x
- Parking
- 10
- Parking features
- Parking Lot, On Street
- Window features
- Display Window(s)
- Interior features
- Track Lighting
- Standard status
- Active
- APN
- 2902440006505
- Size
- 367 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 384
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Other (Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1978
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- Block, Concrete
- Roof type
- Asbestos Shingle
Listing Agency
IXL Real Estate LLC
(251) 265-1230
Mobile, AL
Listed by
Layla Pollman
(251) 455-5798
Added: Jun 19 Checked: Jul 18 at 1:06 am
MLS# 7791562
Copyright © 2026 Mobile Area Association of REALTORS®. 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 turn-key restaurant opportunity is housed in a solid concrete block commercial building. The property includes convenient walk-up serving windows and a durable foundation, and it comes with commercial kitchen appliances and equipment. The total building size is 367 square feet, providing a compact footprint suited to takeout and counter-service concepts.
The property is located at 548 N Wilson Avenue in Mobile, Alabama, on a busy stretch with high traffic exposure at an intersection. It is described as being just off the interstate, which can support visibility for a neighborhood-focused food service use.
Designed for an owner-operator or buyer ready to open with minimal downtime, the included kitchen equipment and counter/walk-up format fit well for a takeout business food service operation. The previously operating restaurant model suggests an efficient layout for quick service, and the existing buildout may reduce the amount of start-up work typically required to begin operations.
The property is located at 548 N Wilson Avenue in Mobile, Alabama, on a busy stretch with high traffic exposure at an intersection. It is described as being just off the interstate, which can support visibility for a neighborhood-focused food service use.
Designed for an owner-operator or buyer ready to open with minimal downtime, the included kitchen equipment and counter/walk-up format fit well for a takeout business food service operation. The previously operating restaurant model suggests an efficient layout for quick service, and the existing buildout may reduce the amount of start-up work typically required to begin operations.
Key Highlights
- Concrete block commercial building built in 1978
- Includes commercial kitchen appliances and equipment for a food service/takeout operation
- Walk‑up serving windows for convenient customer pickup
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 with walk-up serving windows and included kitchen equipment for a takeout-focused food operation.
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: Concrete block commercial building built in 1978; Includes commercial kitchen appliances and equipment for a food service/takeout operation; Walk‑up serving windows for convenient customer pickup
