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Remodeled Mixed-Use Building For Sale
For Sale
$1,075,000

309 Montgomery Ave, Sheffield, AL 35660

Large, remodeled mixed-use building with apartments and business potential.

Property Size18,000 SF
Price / SF$59.72
Days on Market1801

Property Features for 309 Montgomery Ave

General Information

Standard status Active
Size 18,000 SF
Property subtype General Commercial

Amenities

Central Air
3
Concrete, Wood
Metal
Parking.
On Street.
50x120
In City.

Building Details

Year Built 2014
Listing Agency: RE/MAX Tri-State
Listed By: Beth Pirtle · License #000101566
Source: Xome
Added: Oct 23, 2021 Changed: Aug 16 Last Checked: Aug 14 at 6:00AM

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 RE/MAX Tri-State

Investment Insights

Based on property information with market context.

This mixed-use building, currently operating as a hardware store, is available for sale. The building was completely remodeled in 2014. The upper level features two 2-bedroom, 2-bath apartments and two 1-bedroom, 1-bath apartments, all of which are currently occupied with a waiting list. The main level features hardwood floors. The building offers various business potentials. The property has a size of 18000 square feet.

Key Highlights

  • Large building completely remodeled in 2014.
  • Upper level includes two 2‑bedroom, 2‑bath apartments and two 1‑bedroom, 1‑bath apartments.
  • All apartments are occupied with a waiting list.

Property Analytics

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Current Use

Sheffield Hardware Building Supply

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Law Firm Nail Salon Hair Salon

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

374
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
7,768 visits/mo 0.5 miles
Dollar General Shops & Services
7,491 visits/mo 0.3 miles
Dollar General Shops & Services
4,483 visits/mo 0.5 miles
Chevron Shops & Services
3,877 visits/mo 0.2 miles
Listerhill Credit Union Shops & Services
3,511 visits/mo 0.4 miles

Demographics for 35660, AL

9,434
Population
5,139
Households
1.8
Avg Household Size
40
Median Age
16%
College-Educated
88%
High-School Grad
6.2 sq mi
ZIP Area
1,522
Density / Sq Mi
$42,510
Median Household Income
$31,302
Median Earnings
$850
Median Rent
$129,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Large, remodeled mixed-use building with apartments and business potential.
Where is this mixed-use property located?
The property is located at 309 Montgomery Ave Sheffield, AL.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Large building **completely remodeled in 2014**.; Upper level includes two 2‑bedroom, 2‑bath apartments and two 1‑bedroom, 1‑bath apartments.; All apartments are occupied with a waiting list.
More about this property
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