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Property profile & analytics
OFF-MARKET
Turn key restaurants

101 1st SE Ave Decatur, AL 35601-2305

3,000 SF 0.08 ac lot Built 1970
Entity Owned Free & Clear
Property ID
US03-1742623
Property summary
AI-generated overview

This 3,000 square foot restaurant building presents a unique opportunity in Decatur's vibrant downtown. Located in a high-traffic area, this single-tenant property boasts a full brick exterior and a brand new roof. The building sits on a 3,500 square foot lot and is zoned M-1 (Light Industrial District) within Morgan County. Currently in shell condition, the space is ready for immediate build-out to suit a prospective tenant's specific needs. Ample parking is conveniently located directly across the street, offering easy access for patrons. The property benefits from its proximity to key attractions including the Courthouse, City Hall, the shops on 2nd Avenue, Cook Natural Science Museum, and The Alabama Center for the Arts. Its strategic location directly across from a new city parking deck and the Fairfield Inn ensures high visibility and accessibility. Tenant improvement packages are available for qualified prospects, making this an attractive investment for restaurant entrepreneurs seeking a turnkey operation in a thriving downtown setting. This is a rare chance to establish a successful restaurant business in a prime location with excellent visibility and convenient amenities.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,000 SF
Lot 0.08 ac (3,500 SF)
APN 03-04-19-1-004-001.000
UPID US03-1742623
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
LAND SERVICES LLC
LAND SERVICES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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