0 University Dr Huntsville, AL 35801
Exceptional opportunity to acquire a thriving Huntsville, Alabama sports bar boasting 40 years of success. This Class A, 2,730 square foot establishment, situated on a 0.86-acre lot at a prime University Dr NW location, offers significant potential for continued growth. Completely renovated in 2023, the property features a spacious interior with multiple large-screen TVs, ample outdoor seating, and a fully equipped kitchen and bar. The business benefits from a loyal customer base, strong community presence, and excellent online reviews (4.9 average Yelp, 4.5 average Google). Financial records demonstrate consistent profitability, with a Net Operating Income (NOI) of $247,416 and a 6.69% capitalization rate. The property is zoned HI and includes one single-story building. This turnkey operation, with experienced staff and a substantial social media following (over 2,500 Facebook followers), presents a rare chance to own a piece of Huntsville history and a highly profitable business. The asking price is $3,700,000, translating to $1,355.31 per square foot. Current owners purchased the business in 2009. This is a truly exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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