4840 Hatch Blvd Sheffield, AL 35660-3629
This expansive 10,031 square foot commercial building in Sheffield, Alabama, presents a remarkable investment opportunity. Ideally situated on a 3.11-acre lot in a high-traffic area of Colbert County, this property boasts significant potential for a variety of uses. Previously operated as a restaurant, the building features extensive indoor and outdoor spaces, including indoor and outdoor stages, a dance floor, multiple bar areas (both indoor and patio), and ample restaurant seating. The property also includes a substantial amount of storage space and a fully equipped kitchen. Recent renovations (completed since 2023) totaling approximately $300,000 have modernized the building significantly. These upgrades encompass new plumbing, electrical systems, lighting, roofing, a completely updated sprinkler system (meeting all current fire protection codes), new ceilings, HVAC ductwork, and two new HVAC units (installed within the last two years) and two new tankless hot water heaters (installed within the last year). The property also benefits from a transferrable ADT security system. With a capacity exceeding 400 people and approximately 100 parking spaces, this property is ready for immediate occupancy. The seller is open to considering lease options or owner financing arrangements. This is a rare chance to acquire a fully renovated, large-scale commercial property in a prime location.
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Roma Italian Bistro 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
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.