Seafood Restaurant Building For
96 NE 25th NE Avenue Birmingham, AL 35215
96 NE 25th NE Avenue, Birmingham, AL, 35215
$365,000
For Sale
$365,000
Restaurant building, land, and business for sale together.
Property Size2,634 SF
Price / SF$138.57
Days on Market195
Property Features for 96 NE 25th NE Avenue
General Information
- Standard status
- Active
- Size
- 2,634 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1960
Listing Agency
Better Homes
(256) 735-3648
Listed by
Charline Wu
(256) 735-3648
Source
Exitrealty
Added: Jan 2 Checked: Jul 16 at 7:06 am
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Investment Insights
Based on property information with market context.
A Gulf seafood restaurant building, including the land and business, is available for purchase. The property has been recently remodeled, featuring a new ceiling, roof, air conditioning system, and electrical wiring. The walk-in cooler system has been renewed, and the entrance door has been enlarged. The business is currently operational. The building size is 2634 square feet.
Key Highlights
- Gulf Seafood Restaurant (business, building, and land) for sale together.
- Newly remodeled with new ceiling, roof, AC, and electrical wiring.
- Renewed walk‑in cool system.
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 | $47.4k | $18.00 |
| − Vacancy | −$3.8k | −$1.44 |
| EGI | $43.6k | $16.56 |
| − OpEx | −$10.9k | −$4.14 |
| NOI | $32.7k | $12.42 |
2,634 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$467.3K
$408.9K – $545.2K
NOI $32,714 @ 7.0% cap · market cap 8.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$618.3K
$541.0K – $721.3K
NOI $43,278 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gulf Fresh Seafood ...
Specialty Food Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Restaurant building, land, and business for sale together.
Where is this conventional restaurant located?
The property is located at 96 NE 25th NE Avenue Birmingham, AL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Gulf Seafood Restaurant (business, building, and land) for sale together.; Newly remodeled with new ceiling, roof, AC, and electrical wiring.; Renewed walk‑in cool system.
