116 Bexar AveHamilton, AL 35570

  • Retail space
  • 2,318 SF
For Sale
$169,900 View listing

Property Details for 116 Bexar Ave

Year built
1930
Lot size
0.06 AC
Property size (Sq ft)
2,318 SF
Property type
Retail space
APN
49-09-08-34-4-001-058.000
APU
490908344001058000

Description

This exceptional 1,800 square foot commercial property, located at 116 W BEXAR Ave in the heart of Downtown Hamilton, Alabama, presents a unique investment opportunity. Currently configured as a thriving tattoo parlor, this versatile space is adaptable to a wide range of commercial uses. The property's prime location ensures high visibility and foot traffic, making it ideal for businesses seeking a strong presence in a bustling downtown area. The interior offers a welcoming and spacious layout, perfect for client interaction and business operations. The building itself is well-maintained and ready for immediate occupancy, minimizing upfront investment costs. The asking price of $169,900 represents a compelling value for a property of this size and location in a growing Alabama market. This is a rare chance to acquire a turnkey commercial space in a desirable downtown setting, offering both immediate income potential and long-term growth prospects. The property sits on a lot with no acreage, making it ideal for a business that doesn't require extensive outdoor space. Serious inquiries are encouraged to explore the possibilities this property offers. The existing layout is conducive to a variety of business models, making it a flexible and attractive investment. Don't miss this opportunity to own a piece of Hamilton's vibrant commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $571,172
    6.5%
    $527,236
    7%
    $489,576
  • Comparable approach

    Method
    Valuation
    Relative Method
    $835,874
    Geo Method
    $1,139,416
  • Alternative Use

    Use
    Valuation
    Residential
    $444,743
    Hospitality
    $407,382
    Educational
    $338,937
    Medical
    $350,594
    Retail
    $527,236
116 Bexar Ave, Hamilton, Alabama

Location Insight

City
Hamilton
County
Marion
State
Alabama
Latitude
34.1426
Longitude
-87.9888

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$630
$1,640
$18,040
$19,680
-
$8,190
$90,210
$98,400

FAQs

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