Historic Lakefront Event Venue
320 Blount Avenue Guntersville, AL 35976
New
For Sale
$999,900
COMMERCIAL - Guntersville, AL
Property Size4,533 SF
Lot Size0.28 Acres
Price / SF$220.58
Days on Market3
Property Features for 320 Blount Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
6
Rooms
Bathroom 1, Bathroom 5, Bathroom 6, Basement, Bathroom 4, Bathroom 2, Bathroom 3
Parking features
On Street, Driveway
Exterior features
Sidewalks
Standard status
Active
APN
1501024000022.000
Size
4,533 SF
Lot size
0.28 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1930
Floors in Building
3
Flooring type
Wood
Roof type
Shingle
Listing Agency:
Canopy Realty LLC
(256) 445-8347
Listed By:
Casey Morton · License #120258
(256) 506-6381
Added: Jul 28
Last Checked: Jul 30 at 2:06AM
MLS# 21925008
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Investment Insights
Based on property information with market context.
This historic Victorian-style home includes 5 bedrooms and 6 bathrooms, with rich heart pine floors and multiple elegant fireplaces. The interior features luxury lighting and spacious event areas designed for gatherings, with updates that preserve the home’s character while adding modern improvements.
The property is located in Guntersville, Alabama at 320 Blount Avenue, with lake views and situated across from City Harbor. It is offered as commercial property and may be well suited for hospitality or event-focused uses where permitted.
With its combination of event-capable interior space and historic finishes, the home supports a range of boutique, gathering-oriented setups under its commercial zoning designation, subject to applicable use requirements.
The property is located in Guntersville, Alabama at 320 Blount Avenue, with lake views and situated across from City Harbor. It is offered as commercial property and may be well suited for hospitality or event-focused uses where permitted.
With its combination of event-capable interior space and historic finishes, the home supports a range of boutique, gathering-oriented setups under its commercial zoning designation, subject to applicable use requirements.
Key Highlights
- Historic Victorian home built in 1930 with multiple fireplaces and heart pine wood flooring
- Zoned commercial; flexible for use as a boutique inn, event venue, or luxury residence
- 5 bedrooms and 6 bathrooms, with spacious interior areas including a basement
Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.0k | $15.00 |
| − Vacancy | −$8.2k | −$1.80 |
| EGI | $59.8k | $13.20 |
| − OpEx | −$31.4k | −$6.93 |
| NOI | $28.4k | $6.27 |
4,533 SF · lease $15.00/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$406.0K
$355.3K – $473.7K
NOI $28,422 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$978.4K
$856.1K – $1.14M
NOI $68,487 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Andy Anderson — Guntersville, AL 35976
- Lake Guntersville Bed & Breakfast — 2204 Scott St, Guntersville, AL 35976
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Historic Victorian home with 5 bedrooms and 6 bathrooms, offering large event spaces and lake views.
Where is this bed & breakfast located?
The property is located at 320 Blount Avenue Guntersville, AL.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Historic Victorian home built in 1930 with multiple fireplaces and heart pine wood flooring; Zoned commercial; flexible for use as a boutique inn, event venue, or luxury residence; 5 bedrooms and 6 bathrooms, with spacious interior areas including a basement
