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Exposed-Brick Storefront
For Sale
$284,000

1322 Gunter Avenue, Guntersville, AL 35976

Business Opportunity, Guntersville, AL

Property Size2,400 SF
Lot Size0.08 Acres
Price / SF$118.33
Days on Market159

Property Features for 1322 Gunter Avenue

General Information

Property type Residential
Property subtype Office
Zoning description Commercial
Subdivision Wyeth City
Directions When Traveling On Highway 431 South (Gunter Avenue) Through Guntersville, You Will Pass Lust Street, Then You Will Pass Loveless Street, You Will Pass Gilbreath Street, Building Is Located On The Right.
Standard status Active
APN 1502104001071.000
Size 2,400 SF
Lot size 0.08 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Flooring type Concrete
Listing Agency: South Towne Realtors, LLC
Listed By: Trenten Hammond · License #126012
Added: May 14 Changed: Oct 8 Last Checked: Oct 19 at 12:06PM
MLS# 21914976

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Investment Insights

Based on property information with market context.

This 2,400-square-foot storefront at 1322 Gunter Avenue provides an adaptable commercial interior with exposed brick walls and concrete flooring. Electrical and plumbing systems have been updated, along with the HVAC equipment and ductwork. The layout is presented as suitable for retail, office, restaurant, or another commercial concept.

The property occupies 0.08 acres in Guntersville, Alabama, within Marshall County. Central heating and central air serve the building, while public water and public sewer are available. The combination of an existing commercial structure, refreshed building systems, and a character-rich interior creates a practical starting point for an owner-user or business operator.

Key Highlights

  • 2,400‑square‑foot storefront building
  • Updated electrical, plumbing, HVAC unit, and ductwork
  • Exposed brick walls and concrete flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,311
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,220 $306.2K
Cap Rate 7%
$218,729 $218.7K
Cap Rate 9%
$170,122 $170.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$23.9K $9.96/SF
− Vacancy
−$2.0K −$0.85/SF
EGI
$21.9K $9.11/SF
− OpEx
−$6.6K −$2.73/SF
NOI
$15.3K $6.38/SF
Area
Marshall County, AL
Vacancy
8.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,220
Cap Rate 7%
$218,729
Cap Rate 9%
$170,122

Alternative Uses

Best Use
Retail
$218.7K
$191.4K – $255.2K (±1% cap)
NOI $15,311 @ 7.0% cap · market cap 5.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$518.0K
$453.3K – $604.3K (±1% cap)
NOI $36,260 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Grocery & Convenience Store Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby
45k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 37% Home Improvements & Furnishings 14%
Wendy's Dining
15,696 visits/mo 0.5 miles
Lake Guntersville Ace Hardware, Llc Home Improvements & Furnishings
6,399 visits/mo 0.3 miles
Marathon Petroleum Shops & Services
6,317 visits/mo 0.4 miles
Dollar General Shops & Services
5,067 visits/mo 0.2 miles
KFC Dining
4,676 visits/mo 0.2 miles

Demographics for 35976, AL

16,787
Population
7,472
Households
2.2
Avg Household Size
47
Median Age
31%
College-Educated
88%
High-School Grad
127.6 sq mi
ZIP Area
132
Density / Sq Mi
$72,579
Median Household Income
$39,354
Median Earnings
$792
Median Rent
$254,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Little Blue Birds Flowers — 1001 Blount Ave, Guntersville, AL 35976

Frequently Asked Questions

What type of property is this?
Storefront property - Updated commercial space with central HVAC, concrete flooring, and public water and sewer service.
Where is this storefront property located?
The property is located at 1322 Gunter Avenue Guntersville, AL.
What is the asking price?
The asking price for this property is $284,000.
What are key features of this property?
This property features: 2,400‑square‑foot storefront building; Updated electrical, plumbing, HVAC unit, and ductwork; Exposed brick walls and concrete flooring
More about this property
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