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    301 N Montgomery Ave Sheffield, AL 35660

    For Sale
    $950,000

    Commercial Sale - Sheffield, AL

    Property size:
    4,863 SF
    Days on Market:
    129
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 301 N Montgomery Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B1
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
    Bathrooms
    4
    APN
    0708283010039000
    Parking features
    On Street
    Interior features
    Ceiling-high, Storage (interior)
    Exterior features
    City Lot, Corner Lot
    Size
    4,863 SF

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1916
    Flooring type
    Concrete
    Building materials
    Block, Brick, Other
    Architectural style
    Other

    TRI STATE HOLDINGS, llc (256) 810-4786 [email protected]

    Listing agent Beth Pirtle (256) 810-4786 License #000101566

    Listing date Jul 30, 2025

    MLS# 502222 Listing URL

    Copyright © 2025 Shoals Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sheffield Mixed-Use Renovation Opportunity

    This building, constructed in 1916, is located in Sheffield, AL. The 4,863 square-foot property, currently undergoing renovation, was formerly a bank. The sellers had planned to include apartments upstairs, a full restaurant on the main level, and a gift shop. The property is zoned B1 and is being sold as is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sheffield
    County
    Colbert
    State
    Alabama
    Longitude
    -87.6986394
    Latitude
    34.7608332

    Nearby Similar for Sale

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      Downtown Sheffield Retail Opportunity

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      Former Walgreens with Drive-Thru

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      Sheffield Warehouse on Corner Lot

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    FAQs

    What type of property is this?
    Mixed-use property - Historic building with restaurant, apartments, and retail potential.
    Where is this mixed-use property located?
    The property is located at 301 N Montgomery Ave Sheffield, AL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Historic building constructed in 1916 featuring unique architectural traits.; - Partially renovated with renovation potential for apartments, restaurant, and gift shop.; - Commercial/residential opportunity suitable for apartments, a restaurant, and a gift shop.
    (256) 810-4786
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    Sheffield, AL 35660
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 N Montgomery Ave Sheffield, AL 35660
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