Historic Storefront With Separate
For Sale
$549,900
280 Gunter Avenue, Guntersville, AL 35976
Business-zoned property with Spanish-style stucco, a separate garage, and views of City Harbor and Guntersville Lake.
Property Size2,812 SF
Price / SF$195.55
Days on Market311
Property Features for 280 Gunter Avenue
General Information
Standard status
Active
Size
2,812 SF
Property subtype
Commercial
Zoning
Business
Building Details
Building Size
2,812 SF
Year Built
1927
Buildings
2
Stories
2
Construction
poured concrete
Listing Agency:
A.H. Sothebys Int. Realty
(256) 799-9333
Listed By:
David Dahne · License #156303
Source:
Alabamaland
Added: Sep 29, 2025
Changed: Aug 2
Last Checked: Aug 4 at 12:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of A.H. Sothebys Int. Realty
Investment Insights
Based on property information with market context.
Located at 280 Gunter Avenue, this 2,812-square-foot storefront property is currently zoned for Business and was formerly operated as an antique shop. Known as the Spanish House, the building dates to 1927 and features 18-inch-thick poured-concrete exterior walls with Spanish-style stucco. A separate two-car garage is included.
The property is being sold as-is and marketed as commercial rather than residential. The tile roof is partially complete, and roof leaks have caused some interior damage. An estimate is available for completing the roof and bringing the interior to business standard. The property also offers views of City Harbor and Guntersville Lake.
The property is being sold as-is and marketed as commercial rather than residential. The tile roof is partially complete, and roof leaks have caused some interior damage. An estimate is available for completing the roof and bringing the interior to business standard. The property also offers views of City Harbor and Guntersville Lake.
Key Highlights
- 2,812‑square‑foot storefront property at 280 Gunter Avenue
- Currently zoned for Business and formerly operated as an antique shop
- 1927 building known as the Spanish House
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 | $28.0k | $9.96 |
| − Vacancy | −$2.4k | −$0.85 |
| EGI | $25.6k | $9.11 |
| − OpEx | −$7.7k | −$2.73 |
| NOI | $17.9k | $6.38 |
2,812 SF · lease $9.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$256.3K
$224.2K – $299.0K
NOI $17,939 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$606.9K
$531.1K – $708.1K
NOI $42,485 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
616
Businesses Nearby
121k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 77%
Shops & Services 18%
Home Improvements & Furnishings 5%
McDonald's
Dining
29,173 visits/mo
0.1 miles
Wendy's
Dining
15,696 visits/mo
0.2 miles
Taco Bell
Dining
10,738 visits/mo
0.1 miles
Burger King
Dining
9,272 visits/mo
0.3 miles
Marathon
Shops & Services
9,135 visits/mo
0.3 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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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 property with Spanish-style stucco, a separate 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 $549,900.
What are key features of this property?
This property features: 2,812‑square‑foot storefront property at 280 Gunter Avenue; Currently zoned for Business and formerly operated as an antique shop; 1927 building known as the Spanish House
