Downtown Pharmacy
New
For Sale
$260,000
303 Morrow Avenue, Eutaw, AL 35462
Occupied pharmacy property with updated flooring, a newer roof, and a structured long-term lease.
Property Size5,500 SF
Price / SF$47.27
Days on Market7
Property Features for 303 Morrow Avenue
General Information
Standard status
Active
Size
5,500 SF
Property subtype
Commercial/Industrial
Additional Details
Gross Income
$22,920
Taxes and HOA fees
Annual Taxes
$3,500
Building Details
Buildings
1
Listing Agency:
HAMNER REAL ESTATE
(205) 331-0636
Listed By:
Kayley Hudson
(205) 331-0636
Source:
Exitrealty
Added: Aug 25
Changed: Aug 30
Last Checked: Aug 30 at 5:31PM
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 HAMNER REAL ESTATE
Investment Insights
Based on property information with market context.
This approximately 5,500-square-foot drug store building in downtown Eutaw is occupied by a pharmacy. Recent improvements include new LVP flooring, while the roof is approximately five years old. The existing tenancy provides an established commercial use within the building.
The property is located at 303 Morrow Avenue in Eutaw, Alabama, with access and visibility in the downtown setting. The lease has a 10-year term and provides for 3% annual increases, offering a defined escalation schedule for the occupied property.
The combination of a functioning pharmacy layout, recent building updates, and an in-place lease creates a straightforward commercial ownership profile. The property is offered for sale; financial amounts are excluded from this description.
The property is located at 303 Morrow Avenue in Eutaw, Alabama, with access and visibility in the downtown setting. The lease has a 10-year term and provides for 3% annual increases, offering a defined escalation schedule for the occupied property.
The combination of a functioning pharmacy layout, recent building updates, and an in-place lease creates a straightforward commercial ownership profile. The property is offered for sale; financial amounts are excluded from this description.
Key Highlights
- Approximately 5,500‑square‑foot pharmacy building
- Occupied by an established pharmacy tenant
- 10‑year lease with 3% annual increases
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35462, AL
4,648
Population
2,270
Households
2
Avg Household Size
44
Median Age
16%
College-Educated
80%
High-School Grad
284.8 sq mi
ZIP Area
16
Density / Sq Mi
$32,114
Median Household Income
$26,273
Median Earnings
$96,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drug store - Occupied pharmacy property with updated flooring, a newer roof, and a structured long-term lease.
Where is this drug store located?
The property is located at 303 Morrow Avenue Eutaw, AL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Approximately 5,500‑square‑foot pharmacy building; Occupied by an established pharmacy tenant; 10‑year lease with 3% annual increases
