John Cain

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1

Closed Sales

$155K

Total Value

$155K - $155K

Price Range

$155K

Average Price

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SOLD/OFF MARKET LISTINGS

GARDENDALE AL Commercial Sale for Sale

Great investment to add to your investment portfolio or relocate your business! This bldg is located 8 miles from the Central Business district of Birmingham within the city limits of Gardendale. This building fronts Decatur Hwy (HWY 31) with an average daily traffic count of 19000+/- cars per the Gardendale Chamber of Commerce. Building consists of 5700+/- square feet with a rental rate of 13/square foot. Excellent opportunity to renovate, increase occupancy and rents and create a Positive Cash Flow Investment. Proforma NOI is $26,016. using a 9% caprate building value is 289k. Bank Owned property sold as-is.

Closed
$155,000 Closed
- bds
- 0 ba
- sqft
327 DECATUR HIGHWAY

GARDENDALE, AL
Listing by: Marc Scholl - ARC Realty