For Sale
$599,900

5590 2Nd StMuscle Shoals, AL 35661

Multi-use property, high income potential

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity in Muscle Shoals, Alabama, presents a unique blend of commercial and residential income streams. Situated on a spacious 4.46-acre lot at 5590 2nd St, zip code 35661, this gated and fenced property boasts three distinct buildings. The main structure, a two-story building constructed in 2002, features office space on the ground floor and a studio apartment on the upper level, each with its own full bathroom. A partial basement adds further versatility. A second building, measuring 40 x 200 square feet, comprises two enclosed bays equipped with overhead doors and a chain hoist, along with a half-bath. This building is ideal for various industrial or storage uses. Finally, a third building provides nine individual mini-storage units, generating additional rental income. The total square footage of the main building is 1,800 square feet. The property includes water features fed by a public water source. This multi-faceted property offers significant potential for investors seeking a diverse portfolio with strong rental income and future development possibilities. The asking price is $599,900.

Highlights

  • $599,900 asking price.
  • 1,800 SF warehouse, retail, and industrial property.
  • Two-story building with office space and apartment, plus separate warehouse with storage units.
  • 4.46-acre lot in Muscle Shoals, AL.
  • Built in 2002.

Property Details for 5590 2Nd St

Property type
Warehouses, Retail properties
Square Feet
1,800 SF
Year Built
2002
Stories
2
Lot Size (sq. ft)
194,278 SF

Location Insight

City
Muscle Shoals
County
Colbert
State
Alabama
Latitude
34.7563851
Longitude
-87.5749047
5590 2Nd St, Muscle Shoals, Alabama

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5590 2Nd St
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