Brick Corner Retail
301 4TH STREET, Opelika, AL 36801
New
- Added:
- Jun 4, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 5 at 5:06 pm
Property Features for 301 4TH STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Garage
- Standard status
- Active
- APN
- 43-10-03-07-4-002-017.000
- Size
- 1,344 SF
- Lot size
- 0.44 Acres
Taxes and HOA fees
- Tax Annual Amount
- 0
Building Details
- Year built
- 1973
- Year renovated
- 1973
- Floors in Building
- 1
- Architectural style
- Other
Listing agent Zandra Davis (334) 663-8420
Listing office Phoenix Real Estate Firm LLC 216 S. 8th St., Opelika, AL
Listing date Jun 4, 2026
MLS# 11801294
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Brick commercial building built in 1973 on a prominent corner lot at S 4th Street and Avenue B
- Storefront layout suitable for retail, office, service‑based business, studio space, or future redevelopment
- Paved parking area and garage parking included
- Corner location provides access at the intersection of S 4th Street and Avenue B
- Property sold as‑is; buyer to verify zoning, square footage, utilities, and intended use
Overview
The property is a brick commercial building previously operating as a mod shop. It includes a storefront layout and is complemented by a paved parking area to support customer access and onsite operations. The building is offered for sale in as-is condition, with the buyer responsible for verifying zoning, square footage, utilities, and intended use.
Located at 301 4th Street in Opelika, Alabama, the site sits on a prominent corner lot at the intersection of South 4th Street and Avenue B. The property size is listed as 1,344 square feet, with a 0.44-acre lot, providing a compact footprint suitable for a range of street-facing business concepts.
This configuration can work for tenants and owners looking for a storefront-oriented space that can support retail, office, service-based business use, or studio space, subject to local approvals. It may also appeal to buyers considering future redevelopment given its corner location and existing commercial improvements. Interested parties should conduct their own due diligence on permitted uses and site conditions prior to closing.
Located at 301 4th Street in Opelika, Alabama, the site sits on a prominent corner lot at the intersection of South 4th Street and Avenue B. The property size is listed as 1,344 square feet, with a 0.44-acre lot, providing a compact footprint suitable for a range of street-facing business concepts.
This configuration can work for tenants and owners looking for a storefront-oriented space that can support retail, office, service-based business use, or studio space, subject to local approvals. It may also appeal to buyers considering future redevelopment given its corner location and existing commercial improvements. Interested parties should conduct their own due diligence on permitted uses and site conditions prior to closing.
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 | $20.2k | $15.00 |
| − Vacancy | −$2.1k | −$1.55 |
| EGI | $18.1k | $13.46 |
| − OpEx | −$5.4k | −$4.04 |
| NOI | $12.7k | $9.42 |
1,344 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$180.8K
$158.2K – $211.0K
NOI $12,658 @ 7.0% cap · market cap 7.91%
Second Best
Industrial
$88.5K
$77.5K – $103.3K
NOI $6,198 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$327.8K
$286.8K – $382.4K
NOI $22,946 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Golden Crown Flower Shop — 1360 2nd Ave, Opelika, AL 36801
- Golden Crown Flower Shoppe — 1360 2nd Ave, Opelika, AL 36801
Location Insight
- Map
- Local Demand
- City
- Opelika
- County
- Lee
- State
- Alabama
- Longitude
- -85.372718
- Latitude
- 32.64981
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Former mod shop with storefront layout and paved parking on a corner lot in Opelika, sold as-is.
Where is this storefront property located?
The property is located at 301 4TH STREET Opelika, AL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Brick commercial building built in 1973 on a prominent corner lot at S 4th Street and Avenue B; Storefront layout suitable for retail, office, service‑based business, studio space, or future redevelopment; Paved parking area and garage parking included
