Technical
Financial
Distress signals
Property profile

1024 Noble St Anniston, AL 36201

OFF-MARKET
Turn key restaurants
Property ID
US03-1418311
17,312 SF 0.16 ac lot Built 1900
Individually Owned Free & Clear
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Property summary

AI-generated overview

The property is an expansive three-story brick building with decorative terra cotta detailing and a prominent pediment, located within the Downtown Anniston Historic District at 1024 Noble Street, Anniston, AL 36201. It is approximately 11,104 square feet and has historically been used for multiple entertainment and retail-related functions, including as a saloon (Levi Clark Saloon), theater, bordello, bowling alley, F.W. Woolworth’s, and later as a restaurant. The second and third floors largely retained their early-1950s character until renovations converted the second floor into a bar setting. The building includes a commercial kitchen, walk-in freezer and cooler, private dining or conference areas, public and private restrooms, stair access at both the front and rear, and a large basement with storage, a private office, and laundry facilities. The third floor provides additional storage and has potential to be converted into a loft apartment, and the property’s configuration supports use as an event venue.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction BRICK
Total area 17,312 SF
Lot 0.16 ac (7,187 SF)
APN 21-03-07-1-001-004.000
UPID US03-1418311

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1024 Noble St Anniston, AL 36201-4637
Anniston metro Census 800 ANNISTON-OXFORD, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$882k
Blend (final) Blend
$295k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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