Seafood Restaurant Building For
For Sale
$365,000
96 NE 25th NE Avenue, Birmingham, AL 35215
Restaurant building, land, and business for sale together.
Property Size2,634 SF
Price / SF$138.57
Days on Market215
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
Changed: Jul 10
Last Checked: Aug 5 at 5:07AM
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 Better Homes
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.
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35215, AL
46,772
Population
19,718
Households
2.4
Avg Household Size
34
Median Age
18%
College-Educated
88%
High-School Grad
28.3 sq mi
ZIP Area
1,653
Density / Sq Mi
$51,854
Median Household Income
$32,323
Median Earnings
$1,080
Median Rent
$146,900
Median Home Value
Market
Vacancy Rate% for Retail in Birmingham, AL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
