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    603 Bank St NE Decatur, AL 35601

    For Sale
    $375,900

    Office - Decatur, AL

    Type:Office
    Days on Market:
    39
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 603 Bank St NE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active

    Building Details

    Year built
    1910
    Floors in Building
    1
    Architectural style
    Other

    REALTY GROUP OF ALABAMA (256) 353-2415

    Listing agent Jody Peterson (256) 353-2415

    Listing date Nov 5, 2025

    MLS# 21887029 Listing URL

    Copyright © 2025 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Decatur Office/Retail Space For Sale

    This 2,500 sqft property, currently configured as office space, presents opportunities for retail ventures, including clothing stores, liquor stores, or markets. Situated in the heart of the Bank Street entertainment district, it benefits from a location surrounded by specialty shops and restaurants, with ample parking available. Architectural features include original 'tin square' ceilings, a metal awning protecting the front entrance, and an original brick facade. Constructed in 1910, the building also retains original crown molding. The roof is less than 10 years old. The interior walls are designed for easy removal, offering flexibility in space configuration. The property is located at 603 Bank Street NE, Decatur, AL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Peterson Rentals Apartment Rental Agency Realty Group of Alabama Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -86.986211711
    Latitude
    34.611941699

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    FAQs

    What type of property is this?
    Office space - 2500 sqft office/retail space in Decatur's entertainment district.
    Where is this office space located?
    The property is located at 603 Bank St NE Decatur, AL.
    What is the asking price?
    The asking price for this property is $375,900.
    What are key features of this property?
    This property features: - Prime location in the heart of Bank Street entertainment district.; - Versatile 2500 sq. ft. space suitable for retail, office, or market.; - Ample parking available.
    (256) 353-2415
    Request Owner's contact information
    603 Bank St NE Decatur, AL 35601
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    Decatur, AL 35601
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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
    603 Bank St NE Decatur, AL 35601
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