13 W 10Th St Anniston, AL 36201
For Sale
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This exceptional investment opportunity presents the historic Peerless Saloon, a National Register of Historic Places property located in Anniston, Alabama's vibrant Entertainment District. This unique offering encompasses two parcels totaling 0.11 acres and includes the iconic saloon, its fixtures, complete kitchen and bar equipment, and the established Peerless Grille, situated directly adjacent. The Peerless Saloon boasts a magnificent, mirror-backed mahogany bar crafted for the 1904 Chicago World's Fair, a truly remarkable centerpiece. The building's second floor, known as The Atlanta Room, provides versatile space ideal for private events, meetings, or social gatherings. This area has a rich history, having served as a brothel and speakeasy in its earlier years. The sale includes both properties, all existing equipment, and the ongoing business operations. The current owners are committed to facilitating a seamless transition for the new owner, ensuring a smooth handover and continued success. This is a rare chance to acquire a piece of Anniston's history and a thriving commercial enterprise in a prime downtown location. The asking price is $975,000. This property offers significant potential for continued growth and profitability within a bustling entertainment district.
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The Peerless Saloon & Grille Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.