Renovated Retail Business
1333 Gunter Avenue Guntersville, AL 35976
1333 Gunter Avenue, Guntersville, AL, 35976
$329,900
For Sale
$329,900
COMMERCIAL - Guntersville, AL
Property Size3,000 SF
Price / SF$109.97
Days on Market91
Property Features for 1333 Gunter Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Exterior features
- Curb/Gutters, Lighting, Sidewalks
- Standard status
- Active
- Size
- 3,000 SF
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete, Wood
Listing agency
Capstone Realty
(256) 382-7300
Listed by
Paul Schipansky · License #85493
(256) 679-9435
Added: Apr 24 Updated: Jul 23 at 1:20AM Checked: Jul 23 at 4:06AM
MLS# 21872970
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Investment Insights
Based on property information with market context.
This recently renovated retail/business space offers an open floor plan and updated interior and exterior presentation. The layout includes substantial storage space toward the back, supported by a 9-foot roll-up door for shipping or receiving access. New HVAC units are included.
The property is located in the heart of Guntersville, at 1333 Gunter Avenue in Marshall County.
With approximately 3,000 square feet of retail/business space and an open configuration, the interior can be adapted to support a variety of business needs while maintaining dedicated storage and loading access at the rear.
The property is located in the heart of Guntersville, at 1333 Gunter Avenue in Marshall County.
With approximately 3,000 square feet of retail/business space and an open configuration, the interior can be adapted to support a variety of business needs while maintaining dedicated storage and loading access at the rear.
Key Highlights
- 3,000 SF retail/business space in the heart of Guntersville
- Recently renovated and updated inside and out
- Open floorplan can be converted to fit a variety of business needs
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 | $29.9k | $9.96 |
| − Vacancy | −$2.5k | −$0.85 |
| EGI | $27.3k | $9.11 |
| − OpEx | −$8.2k | −$2.73 |
| NOI | $19.1k | $6.38 |
3,000 SF · lease $9.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$273.4K
$239.2K – $319.0K
NOI $19,138 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$647.5K
$566.6K – $755.4K
NOI $45,325 @ 7.0% cap · market cap 13.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Recently renovated retail/business space with an open floor plan, back storage, and a 9-foot roll-up door.
Where is this retail space located?
The property is located at 1333 Gunter Avenue Guntersville, AL.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 3,000 SF retail/business space in the heart of Guntersville; Recently renovated and updated inside and out; Open floorplan can be converted to fit a variety of business needs
