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    906 W College Ave Decatur, GA 30030

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    For Sale
    $150,000

    Profitable craft beer store for sale in Decatur, Georgia.

    Property size:
    1,654 SF

    Property Features for 906 W College Ave

    General Information

    Standard status
    Active
    Size
    1,654 SF

    We can help!

    Listing Contact
    Steven Josovitz
    Source: Crexi

    Listing Agency: The Shumacher Group Listing Agent: Steven Josovitz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Decatur Craft Beer Store

    For sale is Ale Yeah! Craft Beer Market, a profitable craft beer store located at 906 West College Ave, Decatur, GA 30030. The business has been operating since December 8, 2010. The store occupies a 1654 sq/ft space. The monthly rent is $4543.20, which includes NNN costs. The current lease runs through 8/31/26, with a negotiated 5-year lease renewal at a 3% annual increase. The 2025 gross sales were $413,044.60, with a net profit of $46,599.48. The store's hours of operation are: Sunday 12:30pm-7pm, Monday 4pm-9pm, Tuesday – Thursday 11am-9pm, Friday-Saturday 11am-10pm. The business has incredible street visibility and a loyal staff, ensuring a smooth transition. The current employee structure includes four part-time employees making $14-$16 per hour. There is no debt or assumable loans. The sale includes on-hand inventory at seller invoice cost, running close to $80,000, to be purchased at closing. The business is easy to run with clean books and records and a great landlord. Note that Ale Yeah! is limited to 3 stores in the State of GA including Decatur.
    Location Intelligence

    Current Use by Public Records

    Bitbox Bitcoin ATM Atm heapspies Department Store Ale Yeah! (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    on stage as rick james step son ., Universal Joint Decatur, Thinking Man Tavern, The Imperial, Steinbecks Restaurant

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.3082013
    Latitude
    33.7654086

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    FAQs

    What type of property is this?
    Bar & Pub - Profitable craft beer store for sale in Decatur, Georgia.
    Where is this bar & pub located?
    The property is located at 906 W College Ave Decatur, GA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Profitable business with $46,599.48 net profit in 2025 and clean books.; - Established business with a 16-year operating history (opened December 8, 2010).; - Favorable lease terms with a negotiated 5-year renewal option at a 3% annual increase, extending beyond the current lease ending 8/31/26.
    Request Owner's contact information
    906 W College Ave Decatur, GA 30030
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    906 W College Ave Decatur, GA 30030
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    Listing Contact
    Steven Josovitz
    Real Estate License ID: 164878
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