Restaurants

Athens, AL Restaurants for Sale

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Elkmont, AL Rogersville, AL Hillsboro, AL Tanner, AL Decatur, AL Trinity, AL Lester, AL Courtland, AL
Restaurant Building with Large Parking Area
Updated: Nov 27, 2024
Restaurant Building with Large Parking Area

21366 ATHENS LIMESTONE BOULEVARD, Athens, AL 35611

$1,900,000
4,929 sqft 2.21 AC lot
4,929‑square‑foot restaurant building on 2.21 acres
Approximately 80 parking spaces
Corner parcel with approximately 570 feet of road frontage
Near I‑65 Exit 351 and lodging options
Built in 2005; stone and stucco exterior
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Former Restaurant Building For Sale
Updated: Nov 28, 2024
Former Restaurant Building For Sale

21366 Athens Limestone Boulevard, Athens, AL 35611

$2,200,000
4,929 sqft
Easily convertible restaurant space (former Ruby Tuesday).
Large parking area with approximately 80 spaces.
Excellent visibility with approximately 570’ of road frontage on a corner lot.
Convenient access to I‑65 (Exit #351).
Located in a strong Athens market.
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See hot listings in Athens

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 70 Potential Opportunities for your consideration. Besides 2 Active listings in Athens, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant Outparcels for Sale
Restaurant Outparcels for Sale

1213-1217 Point Mallard Pkwy, Decatur, AL 35601

$6,550,000
14,010 sqft

Offered for sale restaurant outparcels in Decatur, Alabama, part of The Crossings of Decatur retail development.

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Single-Tenant Net-Lease Restaurant
Single-Tenant Net-Lease Restaurant

1209 Point Mallard Parkway SE, Decatur, AL 35601

Contact for pricing
14,010 sqft

Three single-tenant net-leased buildings leased to LongHorn Steakhouse, Regions Bank, and AT&T at a signalized corner.

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Freestanding Restaurant with Drive-Thru
Freestanding Restaurant with Drive-Thru

7885 Highway 72, Madison, AL 35758

Contact for pricing
3,865 sqft 1.01 AC lot

Former QSR on 1.01 acres in growing Madison.

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Diner Property with Billboard
Diner Property with Billboard

234 LIME QUARRY ROAD, Madison, AL 35758

$800,000
2,924 sqft 1.00 AC lot

An operating diner occupies the commercial property, which also includes a revenue-producing billboard.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land
Commercial Land

6001 WALL TRIANA HWY, Madison, AL 35758

$6,500,000
35.40 AC lot

The tract carries B3 commercial zoning and lies near established retail destinations.

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Commercial Land with B3 Zoning
Commercial Land with B3 Zoning

6001 WALL TRIANA HWY, Madison, AL 35758

$6,500,000
35.40 AC lot

A 35.4-acre commercial tract near major retail destinations in Madison.

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Commercial Land with Improvements
Commercial Land with Improvements

469 GILLESPIE ROAD, Madison, AL 35758

$379,000
1,956 sqft 1.00 AC lot

The parcel includes a building, two storage structures, a storm shelter, and outdoor covered and screened areas.

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Commercial Land
Commercial Land

100 BROGANS WAY, Madison, AL 35758

$750,000
3.00 AC lot

The 3-acre parcel carries B3 commercial zoning within Madison.

View details

Off-Market Properties in Athens, AL

Consider similar Off-Market properties in Athens, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1212 Kelli Dr
RESTAURANT

1212 Kelli Dr, Athens, AL 35613-2700

Estimated value:
$1,650,000
10,656 sqft 3.70 AC lot
View details
8336 Us Hwy 72
DRIVE-THRU RESTAURANT, FAST FOOD

8336 Us Hwy 72, Athens, AL 35611-9078

Estimated value:
$155,000
1.00 AC lot
View details
600 Us Hwy 72nd W
DRIVE-THRU RESTAURANT, FAST FOOD

600 Us Hwy 72nd W, Athens, AL 35611-4212

Estimated value:
$430,000
1,940 sqft 0.99 AC lot
View details
300 Hobbs St
RESTAURANT

300 Hobbs St, Athens, AL 35611-2110

Estimated value:
$525,000
3,606 sqft
View details
12250 Us Hwy 72
RESTAURANT

12250 Us Hwy 72, Athens, AL 35611-8587

Estimated value:
$175,000
5,260 sqft
View details
550 Us Hwy 72nd W
DRIVE-THRU RESTAURANT, FAST FOOD

550 Us Hwy 72nd W, Athens, AL 35611-4229

Estimated value:
$1,885,000
3,222 sqft 0.72 AC lot
View details
21366 Athens Limestone Ln
RESTAURANT

21366 Athens Limestone Ln, Athens, AL 35611-5442

Estimated value:
$1,925,000
4,929 sqft 2.21 AC lot
View details
209 Us Hwy 31st S
DRIVE-THRU RESTAURANT, FAST FOOD

209 Us Hwy 31st S, Athens, AL 35611-2892

Estimated value:
$600,000
2,520 sqft 0.69 AC lot
View details
1327 Us Hwy 72nd E
DRIVE-THRU RESTAURANT, FAST FOOD

1327 Us Hwy 72nd E, Athens, AL 35611-4405

Estimated value:
$2,915,000
3,906 sqft 1.74 AC lot
View details
1412 Us Hwy 72nd E
DRIVE-THRU RESTAURANT, FAST FOOD

1412 Us Hwy 72nd E, Athens, AL 35611-4435

Estimated value:
$2,750,000
2,016 sqft 1.23 AC lot
View details
102 Clinton St
RESTAURANT

102 Clinton St, Athens, AL 35611-2612

Estimated value:
$95,000
2,506 sqft
View details
113 Elm St
RESTAURANT

113 Elm St, Athens, AL 35611-1869

Estimated value: by Request
2,994 sqft
View details
723 Jefferson St
DRIVE-THRU RESTAURANT, FAST FOOD

723 Jefferson St, Athens, AL 35611

Estimated value:
$1,075,000
3,104 sqft 0.14 AC lot
View details
1289 Us Hwy 72nd E
DRIVE-THRU RESTAURANT, FAST FOOD

1289 Us Hwy 72nd E, Athens, AL 35611-4403

Estimated value:
$2,810,000
2,704 sqft 0.70 AC lot
View details
22728 Pepper Rd
RESTAURANT

22728 Pepper Rd, Athens, AL 35613-7069

Estimated value:
$315,000
2,460 sqft 0.77 AC lot
View details
23101 Us Hwy 72
RESTAURANT

23101 Us Hwy 72, Athens, AL 35613-7644

Estimated value:
$890,000
7,395 sqft 4.90 AC lot
View details
22090 Us Hwy 72
DRIVE-THRU RESTAURANT, FAST FOOD

22090 Us Hwy 72, Athens, AL 35613-2676

Estimated value:
$905,000
2,471 sqft 1.28 AC lot
View details
305 Lee St
DRIVE-THRU RESTAURANT, FAST FOOD

305 Lee St, Athens, AL 35611-3445

Estimated value:
$55,000
1,010 sqft
View details
906 Us Hwy 72nd E
RESTAURANT

906 Us Hwy 72nd E, Athens, AL 35611-4318

Estimated value:
$390,000
4,614 sqft 2.70 AC lot
View details
Baker Hl Rd
RESTAURANT

Baker Hl Rd, Athens, AL 35611

Estimated value:
$65,000
1,248 sqft 1.00 AC lot
View details
401 Washington St
DRIVE-THRU RESTAURANT, FAST FOOD

401 Washington St, Athens, AL 35611-2535

Estimated value:
$125,000
576 sqft
View details
13951 Shaw Rd
RESTAURANT

13951 Shaw Rd, Athens, AL 35611-7707

Estimated value:
$130,000
2,880 sqft 3.80 AC lot
View details

Athens, AL Restaurants Market Trends and Statistics

Explore 62 restaurants for sale in Athens, AL on our real estate platform. These investment opportunities span a total of 9,858 square feet of properties for sale, with an estimated market value of $4,100,000.

Sale prices for restaurant properties in Athens, AL start at $1,900,000, averaging $2,050,000, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2

Demographics Overview

Population 60K
Population Growth (5Y) +0.4%
Median Household Income $74,404
College Educated 26.9%

High-Yield Neighborhoods for Investment

Identify Athens submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
35611 $2.1M

Taxes & Financing

Tax Rate (average for all types) 3.71%
Property Tax per SF $94.96 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Limestone County

New Delisted

Total CRE Inventory on Market (SF)

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