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23228239

2 Locations For Sale

PC
AL AL 000137416-0
SVN | AVAT Realty, LLC
SVN | AVAT Realty, LLC
Listed by SVN | AVAT Realty, LLC
$750,000
443 days on market
Updated 91 days ago

ML Schullman 1917 Building

Details
APN 0304191004002000
Property Type Office, Retail (+1)
Sub Type Creative Office, Sports/Entertainment
Square Footage 7,700
Net Rentable (SqFt) 7,000
Units 3
Occupancy 60%
Tenancy Multi
Lease Type NNN
Year Built 1917
Year Renovated 2000
Buildings 1
Stories 2
Lot Size (SqFt) 3,900
Zoning M1
Ceiling Height 10 Feet
Dock High Doors 1

This building is in the heart of Downtown Decatur!

Marketing description

The building was refitted and additions added to the back of the building (2 stories) to hold an Engenering company that relocation to larger location in Downtown Decatur. The building currently holds a law office on the second floor and a gym and gymnastic of 2 tenants on the first floor. They are productive tenants and currently in good graces of the building owner.

The Owners just put on a new membrane liner roof October 2025.

The M1 District shows that loft apartments can be builit on the second floor with close to 4000 sf for at least 3 apartments.

The potential for the bottom floor is endless being in the Arts and Entertainment District for a restaurant and bar.

The building itself is ready to house another engineering, Architectural, or high tech company or Law offices with it’s access to high speed fiber.

300 million in finished or approved new City Projects : 2 Parking Garages, 2 Downtown Hotels, Alabama Fine Arts School Dorm Room and new Art School Additions, STEM building, Cook’s Natural History Museum are in the next block adjacent to this building.

Listing Contacts

PC
AL AL 000137416-0
SVN | AVAT Realty, LLC
SVN | AVAT Realty, LLC
Listed by SVN | AVAT Realty, LLC

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Additional Information

Name
Phillip Chenault
License
AL 000137416-0
Brokerage
SVN AVAT Realty LLC
Brokerage Address
303 Williams Avenue Southwest
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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