University Dr Huntsville, AL 35801
- Retail properties
- 2,730 SF
- 0.86 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 University Dr
- Year built
- 1981
- Lot size
- 0.86 lot acres
- Property size
- 2,730 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.599
- Latitude
- 34.7408
