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Property profile & analytics
OFF-MARKET
Commercial real estate

469 Mitchell Cir Kellyton, AL 35089

2 ac lot Built 2009
Property ID
Property summary
AI-generated overview

This exceptional 2-acre commercial property in Kellyton, Alabama, presents a unique investment opportunity. The substantial metal building, constructed in 2009, offers a vast array of potential uses, including event space, community center, church, restaurant, or light industrial applications. The spacious main hall is complemented by a bar area, two public restrooms, and a sizable commercial kitchen, perfect for catering or food service operations. Additional features include a smaller hall, two walk-in pantries/closets, and three private offices, providing ample space for various needs. A comprehensive sound system and emergency lighting system are already in place, enhancing functionality and safety. The building's climate control is ensured by two HVAC units and three furnaces installed in 2009, servicing the majority of the structure. A further HVAC system was added in 2019 specifically for the kitchen, ensuring optimal temperature regulation in this crucial area. Previously utilized as an American Legion post, this adaptable building is ready for its next chapter. The property's expansive size and versatile layout make it an ideal choice for a wide range of businesses or community initiatives. Priced competitively at $225,000, this property offers significant value and potential for substantial return on investment. Don't miss this chance to acquire a prime commercial space in a desirable location.

Property profile
Verified
Property type Commercial real estate
Year built 2009
Lot 2 ac (87,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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