620 Stevens AveHuntsville, AL 35801
- Turn key restaurants
- 3,128 SF
Property Details for 620 Stevens Ave
- Year built
- 1950
- Construction
- MIXED
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 3,128 SF
- Property type
- Turn key restaurants
- APN
- 14-07-25-4-007-015.000
- APU
- 1407254007015000
Description
This exceptional restaurant opportunity is located in Huntsville's vibrant Historic Five Points area, boasting a daily traffic count of 13,100 vehicles. The 3,128 square foot building sits on a 1.7-acre lot and is zoned C1. Previously home to the PoBoy Factory, this single-tenant property features two public entrances, each with convenient restroom access. A total of four restrooms are available. The south entrance leads to a secondary dining room, while the north entrance opens to a spacious area centered around an attractive serving bar and mirror. A dedicated beverage station with alcoves is also included, perfect for drink fountains and brewing equipment. The kitchen comprises two main rooms: one for storage and preparation, and the other for cooking, equipped with a large vent hood. Upstairs, three rooms offer versatile space, potentially suitable for an owner's apartment, private events, or employee break room. This upper level includes a main room with porch access overlooking the parking lot and Andrew Jackson Way, two additional rooms with closet space, and a bathroom with a shower. This property presents a unique chance to establish or relocate a restaurant in a high-traffic, desirable location. The property is situated near Andrew Jackson Way. This is a truly remarkable opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $972,531
- 6.5%
- $897,721
- 7%
- $833,598
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,283,990
- Geo Method
- $1,537,572
-
Alternative Use
- Use
- Valuation
- Residential
- $757,261
- Hospitality
- $693,647
- Educational
- $577,106
- Medical
- $596,954
- Retail
- $897,721
Location Insight
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Latitude
- 34.7447
- Longitude
- -86.5769
- CBSA code
- 26620
- CBSA name
- HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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