Restaurant Bar Redevelopment
7904 Memorial Parkway S Huntsville, AL 35802
7904 Memorial Parkway S, Huntsville, AL, 35802
$595,000
For Sale
$595,000
COMMERCIAL - Huntsville, AL
Property Size2,925 SF
Lot Size0.59 Acres
Price / SF$203.42
Days on Market47
Property Features for 7904 Memorial Parkway S
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Exterior features
- Curb/Gutters, Lighting
- Standard status
- Active
- APN
- 1809302000065.000
- Size
- 2,925 SF
- Lot size
- 0.59 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Propane (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Tile
- Roof type
- Shingle
Listing Agency
Russ Russell Real Estate
(256) 536-7777
923-C Merchants Walk, Huntsville, AL
Listed by
Russ Russell · License #25965
(256) 527-7777
Added: Jun 4 Updated: Jun 10 at 9:44 am Checked: Jul 20 at 3:06 pm
MLS# 1822043
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Investment Insights
Based on property information with market context.
This property is a restaurant/bar offering on 0.59 acres with approximately 2,925 square feet of existing improvements. The site is set up as a redevelopment opportunity, with the current configuration supporting restaurant and bar use while allowing for new direction depending on an operator’s concept.
Located at 7904 Memorial Parkway S in Huntsville, Alabama, the property benefits from high-traffic exposure and approximately 100 feet of frontage along South Memorial Parkway S. The parcel is zoned light industry, which may support a range of redevelopment plans aligned with that zoning classification.
For buyers or operators evaluating concepts that need both commercial access and zoning flexibility, this site’s combination of roadway frontage and light industry zoning is a practical starting point. The property’s current restaurant/bar improvements can also provide a foundation for those looking to refresh or re-position the use while working within local zoning requirements.
Located at 7904 Memorial Parkway S in Huntsville, Alabama, the property benefits from high-traffic exposure and approximately 100 feet of frontage along South Memorial Parkway S. The parcel is zoned light industry, which may support a range of redevelopment plans aligned with that zoning classification.
For buyers or operators evaluating concepts that need both commercial access and zoning flexibility, this site’s combination of roadway frontage and light industry zoning is a practical starting point. The property’s current restaurant/bar improvements can also provide a foundation for those looking to refresh or re-position the use while working within local zoning requirements.
Key Highlights
- 100' of frontage on S Memorial Parkway on a 0.59‑acre lot
- Zoned Light Industry
- Restaurant/bar for sale with central air and propane heating
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 | $56.2k | $19.20 |
| − Vacancy | −$1.7k | −$0.58 |
| EGI | $54.5k | $18.62 |
| − OpEx | −$13.6k | −$4.66 |
| NOI | $40.9k | $13.97 |
2,925 SF · lease $19.20/SF/yr · vacancy 3.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$583.7K
$510.7K – $680.9K
NOI $40,856 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$761.7K
$666.5K – $888.6K
NOI $53,317 @ 7.0% cap · market cap 8.96%
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 - Restaurant/bar property with 100 feet of frontage and light industry zoning on South Memorial Parkway S.
Where is this conventional restaurant located?
The property is located at 7904 Memorial Parkway S Huntsville, AL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 100' of frontage on S Memorial Parkway on a 0.59‑acre lot; Zoned Light Industry; Restaurant/bar for sale with central air and propane heating
