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    1597 Lee St Rogersville, AL 35652

    For Sale
    $314,900

    Prime Rogersville location, versatile space, two street frontages.

    Property size:
    5,962 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 5,962 square foot commercial property, situated on a 0.11-acre lot in historic downtown Rogersville, Alabama, presents a unique investment opportunity. Built in 1929 and completely remodeled in 2005, this building offers two distinct commercial spaces, each with its own street access. The Lee Street frontage currently operates as a boutique/gift shop, featuring a stunning fireplace, hardwood floors on the second level, a balcony overlooking the first floor with a chandelier, a half bath, and four additional rooms ideal for offices or dressing rooms. The Wheeler Street side functions as an established event center, complete with two entrances/parlors, two ADA-compliant restrooms, and a spacious open area suitable for various events, including parties, showers, and small weddings. A kitchen and a half bath are also included in the event center space. Ample parking is available on Lee Street and behind the building. This property seamlessly blends historical charm with modern functionality, offering a rare chance to own a piece of Rogersville's rich heritage and capitalize on its thriving downtown area. The dual-street frontage and versatile layout provide exceptional flexibility for a variety of commercial uses. Don't miss this opportunity to acquire a truly remarkable property.

    Property Features for 1597 Lee St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,962 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1929
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rogersville
    County
    Lauderdale
    State
    Alabama
    Longitude
    -87.29415
    Latitude
    34.82593

    Nearby Comparable

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      Downtown Rogersville Commercial Investment Property

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      1625 Lee St, Rogersville, AL 35652
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      Commercial Lot in Rogersville, AL

      Commercial lot with highway frontage, great investment opportunity.
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    • New
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      Rogersville Commercial Property on Highway

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      15701 Highway 72 West, Rogersville, AL 35652
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    • $599,000
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      High-Visibility Commercial Lot on Hwy 72

      Prime corner location with existing structures, ready for commercial use.
      16935 Highway 72, Rogersville, AL 35652
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    • $2,100,000
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      Rogersville Acreage Near Joe Wheeler

      135 acres next to Tennessee River and Joe Wheeler State Park.
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      View Details

    Nearby Similar for Sale

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    • $209,000
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      Downtown Rogersville Commercial Investment Property

      Prime commercial investment in historic downtown Rogersville, Alabama.
      1625 Lee St, Rogersville, AL 35652
      View Details
    • $1,200,000

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      Multifamily properties
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    FAQs

    What type of property is this?
    Commercial real estate - Prime Rogersville location, versatile space, two street frontages.
    Where is this commercial real estate located?
    The property is located at 1597 Lee St Rogersville, AL.
    What is the asking price?
    The asking price for this property is $314,900.
    (256) 710-5230
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    1597 Lee St Rogersville, AL 35652
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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
    1597 Lee St Rogersville, AL 35652
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