2405 Decatur HwyGardendale, AL 35071

Property Details for 2405 Decatur Hwy

Year built

1975

Lot size

4.00 AC

Property size (Sq ft)

45,000 SF

Zone code

I1

Property type

Warehouses

APN

14-00-02-1-001-003.000

APU

1400021001003000

Description

This exceptional investment opportunity presents a 44,264-square-foot mixed-use building in Gardendale, Alabama, situated on approximately 4-5 acres. The property, located at 2405 Decatur Highway, Suite 100, boasts a successful, established flea market and antique center occupying the upper level (22,132 sq ft), generating consistent income for over 20 years and achieving 100% occupancy as of May 5, 2024. The lower level (also 22,132 sq ft) offers significant potential for an industrial tenant or owner-user. This space features 14-foot ceilings, LED lighting, a sprinkler system, two large drive-in garage doors, and ample outdoor storage space. The building, constructed in 1975 and renovated in 2013, is classified as Class B and benefits from I1 light industrial zoning. The property includes 80 parking spaces per 1,000 square feet, two loading docks, and a 400-amp, 3-phase electrical system. The asking price is $1,600,000, translating to $36.15 per square foot. The property is offered fee simple with a NNN lease structure and features a 10-year-old roof and HVAC units. Its convenient location offers immediate access to I-65 exit 112 (Mt. Olive), approximately 20 miles north of Birmingham. This is a value-add investment opportunity with a strong existing tenant and high potential for future growth.

Location Insight

City

Gardendale

County

Jefferson

State

Alabama

Latitude

33.6804

Longitude

-86.8186

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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