For Sale
$649,900

305 4Th St Gadsden, AL 35901

High-yield office property with long-term lease.

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional investment opportunity presents a prime commercial property located at 305 S 4TH STREET, Gadsden, AL. The property consists of two buildings situated on a 0.57-acre lot. The main structure is a 4,456 square foot brick veneer building constructed in 1965, offering substantial space for professional office use. Complementing this is a 2,400 square foot pre-fabricated metal building constructed in 2008, providing additional versatile space. Currently, the property is fully occupied by a tenant under a renewed five-year lease, commencing August 2023, ensuring a stable and predictable income stream for the investor. This presents a compelling opportunity for passive income generation with a long-term tenant in place. The property's location in Gadsden, AL, offers excellent visibility and accessibility, making it an attractive proposition for both the current tenant and future occupants. The combination of a well-maintained brick building and a newer metal structure provides flexibility and ample space for a variety of professional office uses. This turnkey investment is ready for a discerning buyer seeking a strong return on investment with minimal management requirements. The existing lease provides immediate cash flow, minimizing vacancy risk and maximizing the potential for long-term profitability.

Property Details for 305 4Th St

Property type
Office properties
Year Built
1965
Lot Size (sq. ft)
24,829 SF

Location Insight

City
Gadsden
County
Etowah
State
Alabama
Latitude
34.00963
Longitude
-86.00562

FAQs

What type of property is this?
Office property - High-yield office property with long-term lease.
Where is the office property located?
The property is located at 305 4Th St Gadsden, AL.
What is the asking price?
The asking price for this property is $649,900.
How can I contact the broker?
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305 4Th St
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