110 Commerce StGreenville, AL 36037

For Sale
$230,000
Historic building, high rental income.

Overview

Added:
Feb 3
Days on market:
73
This stunning, historic building at 110 W Commerce Street in Greenville, Alabama presents a unique investment opportunity. The property boasts a multi-functional commercial space on the ground floor, ideal for retail or office use. Its prime downtown location ensures high visibility and accessibility. The space has a proven track record of successful rentals, contributing significantly to the overall income stream. Upstairs, a charming loft-style efficiency apartment offers additional rental potential. This apartment retains its original historical character, featuring preserved architectural details that add to its unique appeal. A private balcony overlooking Commerce Street provides picturesque views of the city's vibrant downtown activity. Both the commercial space and the apartment have a consistent history of generating rental income, resulting in a gross annual rental income of $25,920. This property is a blend of historical charm and modern income potential, making it an attractive investment for discerning buyers seeking a profitable and aesthetically pleasing asset in a thriving downtown area. The building is situated on a lot with zero acres. The asking price for this exceptional property is $230,000. This represents a strong return on investment given the existing rental income. The property's location and historical significance make it a truly unique opportunity in the Greenville market.

Property Details for 110 Commerce St

Property type
Commercial real estate

Location Insight

City
Greenville
County
Butler
State
Alabama
Latitude
31.82974
Longitude
-86.62482
110 Commerce St, Greenville, Alabama

FAQs

What type of property is this?
Commercial real estate - Historic building, high rental income.
Where is the commercial real estate located?
The property is located at 110 Commerce St Greenville, AL.
What is the asking price?
The asking price for this property is $230,000.
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110 Commerce St
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