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Restaurant Opportunity on Corner Lot
For Sale
$250,000

960 S Broad Street, Mobile, AL 36603

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

Property SizeContact for details
Days on Market299

Property Features for 960 S Broad Street

General Information

Standard status Active
Property subtype Commercial/Industrial

Building Details

Year Built 1992
Listing Agency: EXIT Realty Promise
Listed By: Terry Shelburne · License #127317
Source: Exitrealty
Added: Oct 11, 2025 Changed: Jul 10 Last Checked: Aug 5 at 5:19AM

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

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

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

1,633
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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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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 Street Mobile, AL.
What is the asking price?
The asking price for this property is $250,000.
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.
More about this property
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