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Restaurant Opportunity on Corner Lot

960 S Broad S Street, Mobile, AL 36603

For Sale
$241,667

B-3 building suitable for cafe, grill, coffee shop, catering.

Property SizeContact for details
Days on Market349

Property Features for 960 S Broad S Street

General Information

Standard status Active
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $1,247

Building Details

Year Built 1992
Listing Agency: EXIT Realty Promise
Listed By: Terry Shelburne · License AL #127317
Source: Exitrealty
Added: Nov 27, 2025 Changed: Nov 10 Last Checked: Nov 10 at 7:10AM

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 EXIT Realty Promise

Rey
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Investment Insights

Based on property information with market context.

This property presents an opportunity to own a cafe, grill, coffee shop, or catering service. The property includes a B-3 building and land with a storage building, situated on a corner lot along a busy street. A new HVAC system has been installed. The building features a spacious dining room along with a kitchen and prep area. The current lessee, Down The Bay, is interested in remaining at the location. Formerly Dell's Cafeteria & Catering, the location has a history of business. All contents and equipment belong to the lessee and are not included in the sale.

Key Highlights

  • Corner lot location on a busy street.
  • B‑3 zoning suitable for various business types (cafe, grill, coffee shop, catering, etc.).
  • New HVAC system installed.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby
Under-served
Demand for This Use

Demographics for 36603, AL

8,184
Population
3,880
Households
2.1
Avg Household Size
38
Median Age
12%
College-Educated
79%
High-School Grad
3.8 sq mi
ZIP Area
2,154
Density / Sq Mi
$27,083
Median Household Income
$24,688
Median Earnings
$704
Median Rent
$107,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Restaurants in Mobile, AL

$193 Jul
$214 Aug
$211 Sep
$233 Oct

Properties on Market for Restaurants in Mobile

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Restaurant - B-3 building suitable for cafe, grill, coffee shop, catering.
Where is this restaurant located?
The property is located at 960 S Broad S Street Mobile, AL.
What is the asking price?
The asking price for this property is $241,667.
What are key features of this property?
This property features: Corner lot location on a busy street.; B‑3 zoning suitable for various business types (cafe, grill, coffee shop, catering, etc.).; New HVAC system installed.
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