2989 Hwy 21 - Restaurant FOR SALE


Atmore, AL 36502
$280,000 USD
251-359-6523
2989 Hwy 21, Atmore, AL for Sale
$280,000 USD
Restaurant - FOR SALE
1/75
null | Request Cap Rate

2989 Hwy 21
Atmore, AL 36502


HIGHLIGHTS

  • Located along Highway 21 with an average daily traffic count of 10,862 vehicles, supporting strong visibility and access
  • Operated since 1997 with an established reputation and loyal clientele in the Atmore market
  • Fully equipped commercial kitchen, including gas range, fryers, refrigeration units, prep stations, and security system
  • Recent improvements include two new A/C units, upgraded furnishings, and a freshly paved parking lot with two access drives
  • Positioned 4 minutes from Wind Creek Casino & Hotel and I-65, drawing steady traffic from regional tourism and locals alike
  • SBA HUBZone designation offers qualifying buyers federal contracting advantages and potential tax incentives

OVERVIEW

This is a unique opportunity to acquire a fully operational, turn-key restaurant positioned along one of Atmore’s highest visibility corridors. Located directly on Highway 21, the property benefits from a steady flow of high-volume commuter and visitor traffic, with proximity to major regional attractions. The restaurant has operated successfully since 1997, cultivating a loyal customer base and benefiting from strong brand recognition within the community. Recent upgrades include new air-conditioning units, an added storage shed, upgraded furnishings, and enhanced kitchen components, ensuring the facility is ready for continued operations. A fully equipped commercial kitchen, spacious dining room for approximately 80 guests, and paved parking with dual access points enhance operational efficiency and customer convenience. Situated just minutes from I-65 and Wind Creek Casino & Hotel—one of the area’s primary entertainment destinations—the property is strategically positioned to tap into robust year-round tourism and regional customer traffic. Additionally, the location qualifies for SBA HUBZone incentives, providing further upside for buyers seeking leveraging opportunities.

FOR SALE DETAILS

PRICE

$280,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,246 SF

ZONING

B-2 General Business

APN/PARCEL ID

26-03-08-0-200-011.003

ASK ABOUT THIS PROPERTY

Malcolm Bub GideonsReynolds Real EstateMore Info
251-359-6523

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Malcolm Bub GideonsReynolds Real EstateMore Info
251-359-6523

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.