Historic Commercial Building in
357 MARKET Street Moundville, AL 35474
357 MARKET Street, Moundville, AL, 35474
$235,000
For Sale
$235,000
SINGLE_FAMILY - Moundville, AL
Property Size1,619 SF
Lot Size0.06 Acres
Price / SF$145.15
Days on Market112
Property Features for 357 MARKET Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
- APN
- 03-01-01-4-401-0030000
- Size
- 1,619 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Description
- Beg At Inst Of Se Mar Of Second Ave & S Mar Of Market St Run Wly 25' (S) S 94' (S) N 95' (S) To Pob Se 1/4 Being A Pt Of L.A. Mills & Griffin Sub Opener
- Tax Annual Amount
- 582
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1910
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Block
- Roof type
- Flat
Listing Agency
EXIT Capstone Realty
(659) 734-3948
2920 7th Street, Tuscaloosa, AL
Listed by
Jennifer Eaton
(205) 765-3204
Added: Mar 27 Checked: Jul 16 at 10:06 pm
MLS# 174273
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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 layout includes a dressing room, display shelving, an office space, and a storage area. It is suited for a boutique, ice cream parlor, or office. The property has a lot size of 0.06 acres and a property size of 1619 square feet.
Key Highlights
- Historic commercial building in the heart of downtown Moundville.
- Functional and flexible interior layout suitable for various business types.
- Features stained concrete floors and wrought iron chandeliers.
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 in downtown Moundville with flexible layout.
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 suitable for various business types.; Features stained concrete floors and wrought iron chandeliers.