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20590592
20590590

410 S 3rd St, Gadsden, AL 35901 For Sale

TJ
AL AL 000045102
Commercial Realty Partner - Birmingham
Listed by Commercial Realty Partner - Birmingham
$250,000
627 days on market
Updated 5 days ago
Opportunity zone

Located in CBD Gadsden by Riverview Hospital

Details
Property Type Office, Retail
Sub Type Restaurant, Storefront (+1)
Square Footage 2,000
Net Rentable (SqFt) 2,000
Units 1
NOI $26,330
Occupancy 100%
Tenancy Vacant
Brand/Tenant Aletheia House Specail Care
Lease Type Gross
Lease Term 3
Lease Expiration 09/30/2027
Remaining Term 2
Pro-Forma NOI $30,000
Broker Co-Op Yes
Class B
Year Built 1950
Year Renovated 2020
Buildings 1
Stories 1
Tenant Credit Credit Rated
Lease Commencement 10/01/2025
Ground Lease No

Office/Retail Building 2000 sqft CBD Gadsden

Marketing description

**Prime Downtown Gadsden Commercial Space with Private Parking – 2,000 Sq Ft +/-**

NEW ROOF AND NEW EXTERIOR PAINT

Located in the heart of downtown Gadsden's Central Business District, this updated commercial property features an open floor plan, four offices, and two restrooms. Ideally situated near the new Cancer Center and Riverview Hospital, the building is surrounded by established businesses and residential neighborhoods. Just three blocks from the retail hub with national restaurants and the Gadsden Mall, this property also includes a private parking lot and off-street parking for added convenience.

Investment highlights

**Prime Downtown Gadsden Commercial Space with Private Parking – 2,000 Sq Ft +/-**

NEW ROOF AND NEW EXTERIOR PAINT

Located in the heart of downtown Gadsden's Central Business District, this updated commercial property features an open floor plan, four offices, and two restrooms. Ideally situated near the new Cancer Center and Riverview Hospital, the building is surrounded by established businesses and residential neighborhoods. Just three blocks from the retail hub with national restaurants and the Gadsden Mall, this property also includes a private parking lot and off-street parking for added convenience.

Listing Contacts

TJ
AL AL 000045102
Commercial Realty Partner - Birmingham
Listed by Commercial Realty Partner - Birmingham

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$26,330.00
$2,194.17/mo

Valuation Metrics

0
DSCR
10.53%
Cap Rate
10.53%
ROI

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Additional Information

Name
Tammy Johnson CCIM
License
AL 000045102
Brokerage Address
400 Vestavia Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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