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    106 S Water St Tuscumbia, AL 35674

    For Sale
    $279,000

    Triplex - Tuscumbia, AL

    Type:Triplex
    Days on Market:
    58
    Last Refresh:
    Dec 9 at 9:06 pm

    Property Features for 106 S Water St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Zoning
    R3
    APN
    13-02-04-3-004-090

    Building Details

    Year built
    1991
    Floors in Building
    2
    Number of units
    3
    Architectural style
    Other

    MarMac Real Estate Shoals (256) 349-3638 [email protected]

    Listing agent Kandace Rhodes (256) 349-3638 License #144441-0

    Listing date Oct 13, 2025

    MLS# 524759 Listing URL

    Copyright © 2025 Shoals Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Income Property in Tuscumbia

    This mixed-use income property in Tuscumbia, Alabama, features a retail storefront with a lower level (Unit 1), a ground-level center office/warehouse (Unit 2), and a back area with two garage doors (Unit 3). Additionally, there are two apartments: a renovated 1-bedroom, 1-bath unit and a renovated 2-bedroom, 1-bath unit. Currently, Units 1 and 2 are leased to a single tenant. The property offers multiple income streams, including retail, warehouse, garage space, and residential units. There are existing cash flows in place with potential value-add opportunity by leasing units 1 and 2 separately. The property is zoned R3.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Poppop's Boxing Gym Boxing Gym

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tuscumbia
    County
    Colbert
    State
    Alabama
    Longitude
    -87.7054125
    Latitude
    34.7320293

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail, warehouse, garage, and residential income.
    Where is this mixed-use property located?
    The property is located at 106 S Water St Tuscumbia, AL.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: - Mixed-use property with retail storefront, office/warehouse, and residential apartments.; - Multiple income streams from retail, warehouse, garage space, and residential units.; - Existing cash flows in place from leased units.
    (256) 349-3638
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    106 S Water St Tuscumbia, AL 35674
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    Tuscumbia, AL 35674
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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

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    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
    106 S Water St Tuscumbia, AL 35674
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