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Stucco Storefront with Garage

280 GUNTER AVENUE, Guntersville, AL 35976

For Sale
$489,900

Commercial Sale, GUNTERSVILLE, AL

Property Size2,812 SF
Lot Size0.34 Acres
Price / SF$174.22
Days on Market409

Property Features for 280 GUNTER AVENUE

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street, Garage
Basement Partial
Lot features Corner Lot, Wooded
Directions On Gunter Avenue, Hwy 79/431. Directly across from City Harbor, on the west side of Gunter Avenue.
Standard status Active
APN 1501024000009000
Size 2,812 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Parcel ID# 15-01-02-4-000-009.000, Lot 20 +21, Old Town if G'ville 10/15/85 789/16
Tax Annual Amount 1008
Legal Description Parcel ID# 15-01-02-4-000-009.000, Lot 20 +21, Old Town if G'ville 10/15/85 789/16

Utilities

Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

garage

Building Details

Floors in Building 2
Flooring type Wood, Tile
Building materials Stucco, Concrete
Roof type Tile
Listing Agency: A.H. Sothebys Int. Realty
Listed By: David Dahne · License AL #156303
Added: Sep 29, 2025 Changed: Oct 29 Last Checked: Nov 11 at 2:06AM
MLS# 21900215

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Rey
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Investment Insights

Based on property information with market context.

Built in 1927, this 2,812-square-foot commercial storefront sits on a 0.34-acre parcel. Its exterior combines Spanish-style stucco with 18-inch poured-concrete walls, and the building has wood and tile flooring, central air, and electric heat. A separate two-car garage is also included. The property is being offered in its current condition; the tile roof is only partly complete, and roof leaks have caused interior damage.

The site is zoned for business and has views of City Harbor and Guntersville Lake. It was previously used as an antique shop and is marketed for commercial rather than residential use.

Key Highlights

  • 2,812‑square‑foot storefront on a 0.34‑acre parcel
  • Business zoning; offered for commercial use
  • Built in 1927 with 18‑inch poured‑concrete exterior walls and Spanish‑style stucco

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,939
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,780 $358.8K
Cap Rate 7%
$256,271 $256.3K
Cap Rate 9%
$199,322 $199.3K
Market Conditions
NOI Build-Up for 2,812 SF
Gross rent
$28.0K $9.96/SF
− Vacancy
−$2.4K −$0.85/SF
EGI
$25.6K $9.11/SF
− OpEx
−$7.7K −$2.73/SF
NOI
$17.9K $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%
$358,780
Cap Rate 7%
$256,271
Cap Rate 9%
$199,322

Alternative Uses

Best Use
Retail
$256.3K
$224.2K – $299.0K (±1% cap)
NOI $17,939 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$606.9K
$531.1K – $708.1K (±1% cap)
NOI $42,485 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Spanish House Antiques Home Decor Store

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Storage Facility Plumbing Service Big Box & Wholesale Store Grocery & Convenience Store

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

396
Businesses Nearby
407
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
FedEx Office Print & Ship Center Shops & Services
407 visits/mo 0.5 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

Average Price Trend$/SF for Storefront properties in Marshall County, AL

$211 Jul
$195 Aug
$182 Sep
$220 Oct

Properties on Market for Storefront properties in Marshall County

Jul
Aug
Sep
Oct

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 - Business-zoned commercial space includes a detached two-car garage and views of City Harbor and Guntersville Lake.
Where is this storefront property located?
The property is located at 280 GUNTER AVENUE Guntersville, AL.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: 2,812‑square‑foot storefront on a 0.34‑acre parcel; Business zoning; offered for commercial use; Built in 1927 with 18‑inch poured‑concrete exterior walls and Spanish‑style stucco
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