1230 Noble St, Anniston, AL 36201-4641
This 14,277 square foot, two-story Victorian-era building, located at 1230 Noble Street in Anniston, Alabama, presents a unique redevelopment opportunity. Originally constructed in 1907 as Rainwater's Furniture Store, the property retains much of its original architectural design and is listed on the Historic Registry. Situated on a 0.17-acre lot within Anniston's Historic District, this mixed-use, special purpose property offers prominent corner visibility and storefront windows. Currently vacant, the building requires extensive renovations and is being sold "AS IS." The property is zoned for Urban Core use and presents potential for significant tax credits at the federal and state levels. The asking price is $125,000, translating to $8.76 per square foot. This Class D building offers a substantial footprint for a variety of adaptive reuse projects. The property's rich history and prime location make it an attractive investment for owner-users seeking a unique redevelopment project in a vibrant historic district. The building's APN is 2103064006028.
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Trinity Ceramics Gifts and More Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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