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29127852
29127853

Old US Hwy 231, Wetumpka, AL 36092 For Sale

$749,999
192 days on market
Updated 59 days ago

Warehouse and Storefront US Hwy 231

Details
Property Type Industrial, Mixed Use (+1)
Sub Type Storefront, Warehouse
Square Footage 15,000
Cap Rate 4.07%
NOI $30,533
Price per SqFt $50
Broker Co-Op Yes
Buildings 1
Stories 1
Acreage 1.270
Zoning B1
Investment Type Owner/User
Dock High Doors 7
Ownership Corporation

Industrial | 4.07% CAP | 15,000 SqFt

Marketing description

THE SALE OF THIS PROPERTY MUST BE TREATED IN THE STRICTEST CONFIDENCE.

NO DIRECT APPROACH SHOULD BE MADE TO THE SELLER, STAFF, CUSTOMERS OR SUPPLIERS PLEASE - THANK YOU

This well-located commercial property has served as a long-standing service-oriented operation for more than four decades and benefits from exceptional visibility and access in a highly desirable recreational corridor of Central Alabama. The site is strategically positioned near multiple major lakes and a prominent river system, making it attractive for a variety of marine, automotive, contractor, or light industrial uses.

Historically, the property supported a high-volume operation that included both service and retail components, with past revenues exceeding $5 million annually. While the operating business has since been streamlined, the underlying real estate remains a proven location with strong fundamentals, established traffic patterns, and a loyal regional customer base tied to recreational and service demand.

The property offers a unique opportunity for an investor or owner-user to acquire a facility with built-in goodwill, flexible use potential, and upside optionality. A future owner could continue operating a service-based business, reposition the site for an alternative commercial use, or reintroduce a retail or sales component to maximize revenue per square foot, subject to zoning and buyer’s intended use.

The 15,000 sq. ft facility is well equipped, featuring a 100’ x 150’ service building with a showroom and workshop with several roll-up doors. The property also includes ample outdoor storage for boats and trailers, plus customer parking. The layout allows the business to comfortably service/showcase multiple vessels at once.

The purchase price includes the real estate only; the operating business may be wound down if necessary. The seller anticipates a short transition period to orderly clear remaining inventory. This is a genuine retirement-driven sale, presenting a rare chance to acquire a highly functional commercial asset with a long operating history in a supply-constrained market.

Please email [email protected] for further details - thank you!

Investment highlights

  • Long-established commercial site with 40+ years of operating history

  • Strategic location near major recreational waterways

  • Proven high-revenue use historically (> $5MM annually)

  • Suitable for marine, automotive, contractor, or light industrial users

  • Real estate included; business assets excluded

  • Owner-user or investor opportunity

  • Retirement-driven sale with flexible transition

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$30,533.00
$2,544.42/mo

Valuation Metrics

0
DSCR
4.07%
Cap Rate
4.07%
ROI

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