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    Corner Flex Retail & Warehouse Title is generated by Realmo AI

    1401 6th Avenue, Decatur, AL 35601

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    Claim this Listing
    New
    For Sale
    $750,000

    COMMERCIAL - Decatur, AL

    Property size:
    3,980 SF
    Price / SF:
    $188/SF
    Added:
    Jun 9, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 10 at 4:06 am

    Property Features for 1401 6th Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot, Driveway, Alley
    Exterior features
    Curb/Gutters, Lighting, Sidewalks
    Standard status
    Active
    Size
    3,980 SF

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Floors in Building
    2
    Flooring type
    Concrete, Vinyl, Tile, Carpet
    Roof type
    Metal

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    Listing Contact
    Peggy Carden

    Listing agent Peggy Carden License #111527

    Listing office Parker Real Estate Res.LLC 445 Moulton St E, AL

    Listing date Jun 9, 2026

    MLS# 21920355

    Copyright © 2026 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Corner lot on 6th Avenue and 10th Street SE in a busy, high‑traffic area
    • Multi‑purpose layout with 2 retail spaces, 4 offices, breakroom, 2 restrooms, and warehouse space
    • Includes additional 2,000 SF of storage upstairs and rear overhead door to the storage/warehouse area
    • 2 HVAC units, metal roof, public water, and public sewer
    • Parking includes parking lot, driveway, alley access, and HC accessible parking
    • Can be divided to accommodate multiple tenants; building available for sale or lease

    Overview

    This multi-purpose flex building is configured to support a mix of retail, office, and warehouse uses. The current floor plan includes two retail spaces, four offices, a breakroom, two restrooms, and warehouse space. There is also additional storage upstairs totaling 2,000 square feet. The property features two HVAC units and includes an overhead door to access storage in the rear, providing practical utility for distribution, back-of-house storage, or light warehousing. Remodel availability is noted, which may support a tenant’s or buyer’s specific layout needs.

    The property sits on a corner lot at 6th Avenue and 10th Street SE in a busy, high-traffic area. It also offers handicap-accessible parking, supporting accessibility requirements for customers, staff, and visitors.

    For tenants and buyers looking for adaptable space, the ability to divide the building for multiple tenants can help accommodate different business types within one facility. With existing office and retail components paired with warehouse and rear storage access, the site may fit operators seeking a single location for customer-facing functions and operational storage. The building is offered for sale or lease.

    Local Financial Insights For Office B

    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 $69.3k $17.40
    − Vacancy −$15.2k −$3.83
    EGI $54.0k $13.57
    − OpEx −$13.5k −$3.39
    NOI $40.5k $10.18
    3,980 SF · lease $17.40/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $578.7K
    $506.4K – $675.2K (±1% cap)
    NOI $40,512 @ 7.0% cap · market cap 5.40%
    Second Best
    Retail
    $470.2K
    $411.4K – $548.6K (±1% cap)
    NOI $32,914 @ 7.0% cap · market cap 4.39%
    Theoretical Best
    Office A
    $828.0K
    $724.5K – $966.0K (±1% cap)
    NOI $57,962 @ 7.0% cap · market cap 7.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    McAbee Medical Inc. Medical Supply Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    Morgan
    State
    Alabama
    Longitude
    -86.980873
    Latitude
    34.585768

    FAQs

    What type of property is this?
    Flex space - Flexible building with retail and office layout plus warehouse and upstairs storage, suited for multi-tenant occupancy.
    Where is this flex space located?
    The property is located at 1401 6th Avenue Decatur, AL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Corner lot on 6th Avenue and 10th Street SE in a busy, high‑traffic area; Multi‑purpose layout with 2 retail spaces, 4 offices, breakroom, 2 restrooms, and warehouse space; Includes additional 2,000 SF of storage upstairs and rear overhead door to the storage/warehouse area
    More about this property
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