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Upgraded 2nd Gen Restaurant & Bar 2148 Beltline Rd SW 7,237 SF Vacant Retail Building Online Auction Sale Decatur, AL 35601
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INVESTMENT HIGHLIGHTS
- Turnkey available for an additional cost, freestanding restaurant with spacious dining areas, premium signage opportunities, and on-site parking lot.
- Delivered fully stocked for an additional fee, allowing for immediate occupancy by a new owner/user or for quick- and full-service restaurants.
- Within an established retail corridor, near national brands like Walmart Supercenter, Lowe’s, Publix, Chick-fil-A, Dutch Bros Coffee, and more.
- Recently updated in 2024 with new water lines, pumps, bathrooms, a commercial-grade kitchen, roof, and HVAC system.
- High-traffic location fronting Highway 67, with visibility to over 31,000 daily vehicles and convenient connections from Highway 24, 31, and I-65.
- Supported by a dense population of almost 42K within 3 miles, with an average household income over $65K and annual spending of more than $433M.
EXECUTIVE SUMMARY
2148 Beltline Road SW presents an exceptional retail acquisition with untapped growth potential and a prime location along the main commercial corridor of Decatur, Alabama. This freestanding asset will be delivered vacant, providing an upside for occupancy by quick-service and full-service restaurants, as well as a number of other retail concepts.
Equipped with a flexible layout and desirable modern features, 2148 Beltline Road SW stands out as a premier choice for growing businesses. The turnkey property, originally built in 1997 and fully renovated in 2024, spans a total of 7,237 square feet. Recent improvements include new water lines, pumps, bathrooms, a commercial-grade kitchen, a roof, and an HVAC system. The building’s layout includes spacious dining areas and a full bar with seating, all defined by exposed brick walls and large windows for rich natural lighting. The kitchen can be delivered fully stocked with high-quality equipment sold separately. There are also numerous large TVs throughout the dining and bar areas, making this an ideal gathering place for large sporting events.
Situated with prime frontage to Highway 67, 2148 Beltline Road SW presents an attractive, high-traffic option for tenants, with daily visibility to more than 31,000 passing vehicles. The location is also easily accessible, with nearby connections from Highways 24 and 31 and Interstate 65. Highway 67 comprises the main retail hub for Decatur, drawing heavy customer traffic to the area with a high concentration of nearby shopping and dining options. National retail tenants along the corridor include Walmart Supercenter, Lowe’s, Publix, Chick-fil-A, Dutch Bros Coffee, Whataburger, Applebee’s, and more. There is also a robust built-in audience of traveling customers, thanks to proximity to many major flag hotels, including Residence Inn, Courtyard by Marriott, Hampton Inn & Suites, Holiday Inn Express, and Sleep Inn & Suites.
Decatur offers a valuable retail market for investors seeking new property opportunities. Currently, vacancies in the area sit at just 2.5%, and with no new inventory being built, demand for quality retail spaces like 2148 Beltline Road SW is at an all-time high. This elevated interest has driven rent growth of more than 2.6% during the past 12 months, with average annual growth of 4.3% during the past five years. Retail activity in the market is propped by more than 41,900 residents living within a 3-mile radius of the property who contribute more than $433 million in annual spending.
Don’t miss this rare opportunity to claim a turnkey restaurant that blends extensive recent upgrades with a prime location in Morgan County at 2148 Beltline Road SW.
Property tours are by appointment only. Please contact the listing broker to schedule.
Equipped with a flexible layout and desirable modern features, 2148 Beltline Road SW stands out as a premier choice for growing businesses. The turnkey property, originally built in 1997 and fully renovated in 2024, spans a total of 7,237 square feet. Recent improvements include new water lines, pumps, bathrooms, a commercial-grade kitchen, a roof, and an HVAC system. The building’s layout includes spacious dining areas and a full bar with seating, all defined by exposed brick walls and large windows for rich natural lighting. The kitchen can be delivered fully stocked with high-quality equipment sold separately. There are also numerous large TVs throughout the dining and bar areas, making this an ideal gathering place for large sporting events.
Situated with prime frontage to Highway 67, 2148 Beltline Road SW presents an attractive, high-traffic option for tenants, with daily visibility to more than 31,000 passing vehicles. The location is also easily accessible, with nearby connections from Highways 24 and 31 and Interstate 65. Highway 67 comprises the main retail hub for Decatur, drawing heavy customer traffic to the area with a high concentration of nearby shopping and dining options. National retail tenants along the corridor include Walmart Supercenter, Lowe’s, Publix, Chick-fil-A, Dutch Bros Coffee, Whataburger, Applebee’s, and more. There is also a robust built-in audience of traveling customers, thanks to proximity to many major flag hotels, including Residence Inn, Courtyard by Marriott, Hampton Inn & Suites, Holiday Inn Express, and Sleep Inn & Suites.
Decatur offers a valuable retail market for investors seeking new property opportunities. Currently, vacancies in the area sit at just 2.5%, and with no new inventory being built, demand for quality retail spaces like 2148 Beltline Road SW is at an all-time high. This elevated interest has driven rent growth of more than 2.6% during the past 12 months, with average annual growth of 4.3% during the past five years. Retail activity in the market is propped by more than 41,900 residents living within a 3-mile radius of the property who contribute more than $433 million in annual spending.
Don’t miss this rare opportunity to claim a turnkey restaurant that blends extensive recent upgrades with a prime location in Morgan County at 2148 Beltline Road SW.
Property tours are by appointment only. Please contact the listing broker to schedule.
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PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,237 SF
Building Class
C
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.38 AC
Parcel Number
02-07-26-1-009-013.001
Zoning
M-1A - Light Industry
Parking
100 Spaces (13.82 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Air Conditioning
ABOUT ALABAMA NORTH
The Decatur area serves as a major center of gravity for North Alabama, along with Huntsville, drawing shoppers from throughout the region. Decatur’s demographic profile supports consumer demand for discount retailers and grocers. The median household income in Decatur is well above that for the state of Alabama. Furthermore, population growth in North Alabama has generally outpaced the overall state average over the past decade, helping boost buying power throughout the region.
Strong economic growth is fueling consumer spending, and retailers are benefiting from the drastically improved public health situation. In a major boon for the region, Mazda Toyota is in the process of hiring more than 4,000 workers at its new $2.3 billion plant.
Retail properties in northern Alabama typically sell for a discount to the national average. Investors often target well-located shopping centers with high traffic counts along some of the region’s most frequently traveled corridors.
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2024 Population
7,788
41,949
60,670
2020 Population
7,981
42,436
61,120
2029 Population
7,805
42,150
61,010
2024-2029 Projected Population Growth
0.2%
0.5%
0.6%
Daytime Employees
2,839
24,583
35,439
Total Businesses
333
2,690
3,484
Average Household Income
$66,697
$64,992
$68,767
Median Household Income
$51,906
$48,179
$49,335
Total Consumer Spending
$85.6M
$433.7M
$665.4M
Median Age
37.8
39.2
39.8
2024 Households
3,217
16,867
24,581
Percent College Degree or Above
13%
11%
13%
Average Home Value
$188,054
$171,931
$192,229
$ values in USD
NEARBY MAJOR RETAILERS
SALE ADVISOR
SALE ADVISOR
Eric Gonzalez-Tablada, Director of Retail
As the Retail Director at Crunkleton Commercial Real Estate. Eric assists clients in buying, selling, or leasing properties for various purposes, such as office, retail, industrial, or land development. He has been in this role for over three years.
His core competencies include market analysis, contract negotiation, property valuation, customer development, and accounting. He uses QuickBooks to manage financial transactions and records, and he holds a Bachelor of Commerce degree in Accounting from the University of Alabama. He is also fluent in English and Spanish, enabling him to communicate effectively with diverse clients and stakeholders. His mission is to provide professional, ethical, and reliable service to his clients and to help them achieve their real estate goals.
His core competencies include market analysis, contract negotiation, property valuation, customer development, and accounting. He uses QuickBooks to manage financial transactions and records, and he holds a Bachelor of Commerce degree in Accounting from the University of Alabama. He is also fluent in English and Spanish, enabling him to communicate effectively with diverse clients and stakeholders. His mission is to provide professional, ethical, and reliable service to his clients and to help them achieve their real estate goals.
ABOUT THE AUCTION TECHNOLOGY
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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AUCTION CONTACT
Keisha Hartshorn
Contact
Auctioneer License:
Ten-X, LLC Jessica Anne Figueroa RE Brkr 000107846-0 Ten-X, Inc. dba Ten-X Commercial, Inc. Auction Firm C315; Samantha Corbat Auctioneer A5662
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Upgraded 2nd Gen Restaurant & Bar | 2148 Beltline Rd SW
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