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    Downtown Restaurant Space For Sale Title is generated by Realmo AI

    911 Noble Street, Anniston, AL 36201

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    For Sale
    $299,500

    Restaurant space with high visibility in downtown Anniston.

    Type:Commercial/Industrial
    Property size:
    2,951 SF
    Price / SF:
    $101/SF
    Added:
    Nov 21, 2025
    Days on Market:
    193
    Last Refresh:
    Apr 7 at 8:48 pm

    Property Features for 911 Noble Street

    General Information

    Standard status
    Active
    Size
    2,951 SF
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1921

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    Listing Contact
    Anna King
    Anna King

    Listing agent Anna King License #47542

    Listing office ERA King Real Estate

    Listing date Nov 21, 2025

    Source Exitrealty

    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 ERA King Real Estate

    HighLights

    • Prime downtown location with excellent Noble Street visibility.
    • Spacious dining area suitable for restaurant or cafe operations.
    • Professional commercial kitchen with ample prep space.
    • High foot traffic in Anniston's growing downtown district.
    • Charming exposed brick walls.
    • Updated restrooms.

    Overview

    This commercial property, suitable for conventional restaurants, restaurants, or general commercial real estate use, is located in a prime downtown location on Noble Street. The 2951 square-foot space features exposed brick walls and a spacious dining area. A professional commercial kitchen with ample prep space is included. The property also contains updated restrooms and a rear service entrance. The layout is designed for functional operations. The surrounding area features thriving businesses and high foot traffic within Anniston's growing downtown district. This property is suitable for restaurant or café 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 $38.2k $12.96
    − Vacancy −$3.1k −$1.04
    EGI $35.2k $11.92
    − OpEx −$8.8k −$2.98
    NOI $26.4k $8.94
    2,951 SF · lease $12.96/SF/yr · vacancy 8.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $377.0K
    $329.9K – $439.8K (±1% cap)
    NOI $26,389 @ 7.0% cap · market cap 8.81%
    Second Best
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $453.7K
    $397.0K – $529.3K (±1% cap)
    NOI $31,757 @ 7.0% cap · market cap 10.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    MediaCom Anniston Telecommunications Service Besitos Mexican Kitchen Restaurant

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Law Firm Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Anniston
    County
    Calhoun
    State
    Alabama
    Longitude
    -85.8294315
    Latitude
    33.6562828

    FAQs

    What type of property is this?
    Conventional restaurant - Restaurant space with high visibility in downtown Anniston.
    Where is this conventional restaurant located?
    The property is located at 911 Noble Street Anniston, AL.
    What is the asking price?
    The asking price for this property is $299,500.
    What are key features of this property?
    This property features: Prime downtown location with excellent Noble Street visibility.; Spacious dining area suitable for restaurant or cafe operations.; Professional commercial kitchen with ample prep space.
    More about this property
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