For Sale
$1,075,000

309 Montgomery AveSheffield, AL 35660

Large remodeled building, great income potential.

Overview

Added:
Feb 3
Days on market:
64
This exceptional 18,000 square foot commercial building located at 309 Montgomery Ave, Sheffield, AL, presents a unique investment opportunity. Currently operating as a hardware store, the sale includes only the building itself. A complete remodel was undertaken in 2014, significantly enhancing its value and functionality. The property boasts substantial income-generating potential from its residential units. Specifically, the upper level comprises two two-bedroom, two-bathroom apartments and two one-bedroom, one-bathroom apartments, all currently occupied and with a waiting list. This consistent rental income stream provides a strong foundation for future investment returns. The main level features attractive hardwood floors, offering a versatile space adaptable to a variety of commercial uses. The building's size and location in Sheffield, AL, offer significant business potential, making it an ideal acquisition for investors seeking a blend of commercial and residential income. The property sits on a zero-acre lot, focusing the investment solely on the building itself. The asking price is $1,075,000. This is a rare opportunity to acquire a substantial, remodeled commercial property with proven rental income.

Property Details for 309 Montgomery Ave

Property type
Square Feet
18,000 SF
Year Built
2014

Location Insight

City
Sheffield
County
Colbert
State
Alabama
Latitude
34.76125
Longitude
-87.699
309 Montgomery Ave, Sheffield, Alabama

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309 Montgomery Ave
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