Historic Commercial Building in
357 MARKET Street Moundville, AL 35474
357 MARKET Street, Moundville, AL, 35474
$235,000
For Sale
$235,000
Charming historic commercial building with flexible space in downtown Moundville.
Property Size1,619 SF
Price / SF$145.15
Days on Market112
Property Features for 357 MARKET Street
General Information
- Standard status
- Active
- Size
- 1,619 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1910
Listing Agency
EXIT Capstone Realty
(205) 765-3204
Listed by
Jennifer Eaton
(205) 765-3204
Source
Exitrealty
Added: Mar 28 Checked: Jul 16 at 4:52 am
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 EXIT Capstone Realty
Investment Insights
Based on property information with market context.
This historic commercial building is located in downtown Moundville. The property features stained concrete floors and wrought iron chandeliers. The interior includes a dressing room, display shelving, an office space, and a storage area. The property is suitable for a boutique, ice cream parlor, or office. The building offers possibilities for various business needs while maintaining its historic charm. The property has a size of 1619 square feet.
Key Highlights
- Historic commercial building in the heart of downtown Moundville.
- Functional and flexible interior layout with dedicated dressing room, display shelving, office space, and spacious storage area.
- Suitable for a variety of business needs (boutique, ice cream parlor, office).
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 | $28.2k | $17.40 |
| − Vacancy | −$2.2k | −$1.36 |
| EGI | $26.0k | $16.04 |
| − OpEx | −$7.8k | −$4.81 |
| NOI | $18.2k | $11.23 |
1,619 SF · lease $17.40/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$259.7K
$227.3K – $303.0K
NOI $18,181 @ 7.0% cap · market cap 7.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$389.1K
$340.4K – $453.9K
NOI $27,234 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Storefront property - Charming historic commercial building with flexible space in downtown Moundville.
Where is this storefront property located?
The property is located at 357 MARKET Street Moundville, AL.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Historic commercial building in the heart of downtown Moundville.; Functional and flexible interior layout with dedicated dressing room, display shelving, office space, and spacious storage area.; Suitable for a variety of business needs (boutique, ice cream parlor, office).
