Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    101 1St Ave Decatur, AL 35601

    Sponsored
    For Lease
    $15 SF/Yr ($3,750 /Mo)

    Prime Location, 3,000 SF, Shell Condition

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 3,000 square foot restaurant building presents a unique opportunity in Decatur's vibrant downtown. Located in a high-traffic area, this single-tenant property boasts a full brick exterior and a brand new roof. The building sits on a 3,500 square foot lot and is zoned M-1 (Light Industrial District) within Morgan County. Currently in shell condition, the space is ready for immediate build-out to suit a prospective tenant's specific needs. Ample parking is conveniently located directly across the street, offering easy access for patrons. The property benefits from its proximity to key attractions including the Courthouse, City Hall, the shops on 2nd Avenue, Cook Natural Science Museum, and The Alabama Center for the Arts. Its strategic location directly across from a new city parking deck and the Fairfield Inn ensures high visibility and accessibility. Tenant improvement packages are available for qualified prospects, making this an attractive investment for restaurant entrepreneurs seeking a turnkey operation in a thriving downtown setting. This is a rare chance to establish a successful restaurant business in a prime location with excellent visibility and convenient amenities.

    Property Features for 101 1St Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF
    Total Rate
    3750

    Unit(s) available at that property

    Space
    Size
    3,000 SF
    Rate per SF
    $15

    HighLights

    • 3,000 SF restaurant building in Decatur, AL.
    • Single‑tenant occupancy.
    • Located in Morgan County's M‑1 (Light Industrial) zoning district.
    • Features a full brick exterior and new roof.
    • Shell space ready for tenant improvements; packages available.
    • Ample parking available across the street from the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -86.986531392541
    Latitude
    34.603757155031

    Nearby Similar for Lease

    • $5,000 /Mo

      Decatur Retail/Office/Warehouse Space For Lease

      Multi-purpose commercial building with retail, office, and warehouse space available.
      1401 6Th Ave SE, Decatur, AL 35601
      View Details
    • $5,000 /Mo

      Decatur Industrial Space For Lease

      Multi-use complex with warehouse and office space available for lease.
      3074 Finley Island Rd, Decatur, AL 35603
      View Details
    • $1,770 /Mo

      Remodeled Office Space in Decatur

      Remodeled office space with four private offices and private restroom.
      1944 SW Central Pkwy SW, Decatur, AL 35601
      View Details
    • $1,200 /Mo

      Decatur Office Space For Rent

      1,200 sq ft office suite near downtown Decatur.
      1402 Central Pkwy, Decatur, AL 35601
      View Details
    • $833 /Mo

      Decatur Retail Space For Lease

      Prime retail space in a highly visible Decatur location.
      807 SE 11Th St, Decatur, AL 35601
      View Details
    • $2,070 /Mo

      Decatur Retail Space For Lease

      3,105 SF retail space in Decatur, Alabama available for lease.
      1516 SE 6Th Ave, Decatur, AL 35601
      View Details
    • $4,000 /Mo
      27,878 SF

      Decatur Commercial Building For Lease

      Commercial building for lease in high-traffic Decatur area.
      810 Beltline Rd, Decatur, AL 35601
      View Details
    • $2,455 /Mo

      Decatur Retail Space For Lease

      Prime retail space in a highly visible Decatur location.
      1518 SE 6Th Ave, Decatur, AL 35601
      View Details
    • Contact for pricing
      35,933 SF

      Decatur Medical Office Suites

      Professionally managed medical office suites for lease near Decatur Morgan Hospital.
      2349 Danville Rd Southwest, Decatur, AL 35603
      View Details
    • $153 SF/Yr
      124,900 SF

      Decatur Retail Center Investment

      Prime Decatur retail space available
      0 Plum Tree Ctr, Decatur, AL 35601
      View Details
    • Contact for pricing

      Retail Space in Decatur Plaza

      Grocery-anchored retail center with excellent visibility in Decatur, Alabama.
      1682 Beltline Rd SW, Decatur, AL 35601
      View Details
    • $6 SF/Yr

      Decatur Industrial Facility with Fenced Yard

      Industrial facility in Decatur with convenient access and flexible options.
      620 Wilson St NE, Decatur, AL 35601
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Location, 3,000 SF, Shell Condition
    Where is this restaurant located?
    The property is located at 101 1St Ave Decatur, AL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 3,000 SF restaurant building in Decatur, AL.; Single-tenant occupancy.; Located in Morgan County's M-1 (Light Industrial) zoning district.
    Request Owner's contact information
    101 1St Ave Decatur, AL 35601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 1St Ave
    Decatur, AL 35601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    101 1St Ave Decatur, AL 35601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.