Multi-Use Corner Commercial Building

1401 6th Avenue Decatur, AL 35601

Claim this Listing
New
For Sale
$750,000

COMMERCIAL - Decatur, AL

Property size:
3,980 SF
Price / SF:
$188/SF
Added:
Jul 9, 2026
Days on Market:
2
Last Refresh:
Jul 10 at 11:06 pm

Property Features for 1401 6th Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Alley, Parking Lot, Driveway
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
Tile, Vinyl, Carpet, Concrete
Roof type
Metal

Listing agent Peggy Carden License #111527

Listing office Parker Jones Real Estate 445 Moulton Street E, Decatur, AL

Listing date Jul 9, 2026

MLS# 21923236

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.


Investment Insights

Based on property information with market context.

This multi-purpose commercial building can be divided to accommodate multiple tenants. The current layout includes two retail spaces, four offices, a breakroom, two restrooms, and warehouse space. There is also additional 2,000 square feet of storage upstairs, with an overhead door to the rear storage area. The building has two HVAC units and offers a remodel option.

The property sits on a corner lot at 6th Avenue and 10th Street SE in a busy, high-traffic area. Handicap-accessible parking is available.

For space planning, the building combines front retail and office components with rear and upstairs storage, supported by dedicated HVAC units and an overhead door for warehouse-related access.

Key Highlights

  • Corner lot on 6th Avenue and 10th Street SE in a busy, high‑traffic area
  • Flexible layout: 2 retail spaces, 4 offices, breakroom, 2 restrooms, and warehouse space
  • Additional 2,000 SF of storage upstairs

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 Analytics

Property Profile Location Intelligence

Current Use by Public Records

McAbee Medical Inc. Wheelchair Rental Service

Suggested Use

Parking Lot & Garage Locksmith Plumbing Service (Bike/Boat/Book/etc) Store Acupuncture Tech Support Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store

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

FAQs

What type of property is this?
Flex space - Multi-purpose corner building with retail, offices, warehouse space, and additional upstairs storage.
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; Flexible layout: 2 retail spaces, 4 offices, breakroom, 2 restrooms, and warehouse space; Additional 2,000 SF of storage upstairs
Contact an agent
More about this property
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