

Restaurant / Convenience Destination
C-Store / Restaurant
Marketing description
This prime 3-acre corner at Hwy 24 and County Road 327 offers a high-exposure redevelopment opportunity for a destination-grade convenience store/travel stop in one of North Alabama’s strongest commuter and regional traffic corridors. With 530± feet of Hwy 24 frontage and 175± feet on CR 327, the site delivers exceptional visibility, high traffic capture, and efficient ingress/egress for both local and long-haul users.
The existing building, formerly a full-service steakhouse, provides significant reuse value with a new roof, a new HVAC unit, a full commercial kitchen equipped for high-volume hot food operations, three-phase power, and an engineered septic system sized for intensive use. Its open dining/retail layout aligns seamlessly with a hybrid C-store model emphasizing fresh food, grab-and-go service lines, and branded retail.
A major value driver is Marathon Oil Corporation’s $800,000 incentive package, including 10 new pumps, underground tanks, and canopy, which substantially reduces initial capital requirements and accelerates project delivery. Combined with the existing infrastructure and strategic frontage, the property positions an operator to establish a high-throughput, brand-aligned travel center with strong competitive advantage in an underserved corridor.
This site represents a rare, cost-efficient pathway to developing a modern, destination-style fuel and food-service asset in a growing North Alabama market.
Investment highlights
Marathon Oil has vetted the site and expressed commitment for an ~$800,000 capital contribution to deliver full fuel-infrastructure development for a qualified operator.
Flexible building layout supports adestination-style C-store, restaurant, or combined retail concept.
Recent capital improvements including a new roof and new HVAC system.
Three-phase power, engineered septic system, and natural gas availability already in place.
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