Renovated Commercial Building For
1009 SW 1st Street Childersburg, AL 35044
1009 SW 1st Street, Childersburg, AL, 35044
$135,900
For Sale
$135,900
Renovated commercial building suitable for retail, office, or restaurant use.
Property Size1,200 SF
Price / SF$113.25
Days on Market134
Property Features for 1009 SW 1st Street
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1946
Listing Agency
Avast Realty- Birmingham
(256) 276-6393
Listed by
Amanda Taylor · License #130633
(256) 276-6393
Source
Exitrealty
Added: Mar 5 Checked: Jul 16 at 8:27 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avast Realty- Birmingham
Investment Insights
Based on property information with market context.
This renovated commercial building, previously used as a bakery and sandwich shop, is available for sale. The 1,200 square foot property is suitable for retail, office, or restaurant businesses. The building features an open kitchen area, a front seating area for guests, and two half bathrooms on the main floor. A full basement is available for storage. Several key systems were replaced in November 2019, including the HVAC, ductwork, water heater, and roof. Food-safe ceiling tiles have been installed. Extra supports have been added in the basement to accommodate heavy equipment such as large refrigerators. The property is located across from the Rainwater House.
Key Highlights
- Completely renovated building, ready for immediate occupancy.
- HVAC, ductwork, water heater, and roof replaced in November 2019.
- Suitable for various business types: bakery/sandwich shop, office, or retail.
Local Financial Insights For Retail
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 | $13.2k | $11.04 |
| − Vacancy | −$1.1k | −$0.94 |
| EGI | $12.1k | $10.10 |
| − OpEx | −$3.6k | −$3.03 |
| NOI | $8.5k | $7.07 |
1,200 SF · lease $11.04/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$121.2K
$106.1K – $141.4K
NOI $8,485 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$245.5K
$214.8K – $286.4K
NOI $17,182 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Forget-Me-Not Flower & Gifts — 1054 1st St NW, Childersburg, AL 35044
FAQs
What type of property is this?
Storefront property - Renovated commercial building suitable for retail, office, or restaurant use.
Where is this storefront property located?
The property is located at 1009 SW 1st Street Childersburg, AL.
What is the asking price?
The asking price for this property is $135,900.
What are key features of this property?
This property features: Completely renovated building, ready for immediate occupancy.; HVAC, ductwork, water heater, and roof replaced in November 2019.; Suitable for various business types: bakery/sandwich shop, office, or retail.
