Downtown Attalla Commercial
419 Fourth NW Street Attalla, AL 35954
419 Fourth NW Street, Attalla, AL, 35954
$239,900
For Sale
$239,900
Versatile commercial space in Attalla's Central Business District.
Property Size1,911 SF
Price / SF$125.54
Days on Market126
Property Features for 419 Fourth NW Street
General Information
- Standard status
- Active
- Size
- 1,911 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1900
Listing Agency
KW Gadsden
(615) 785-8499
Listed by
Bailey Mack · License #122215
(615) 785-8499
Source
Exitrealty
Added: Mar 14 Checked: Jul 16 at 3:30 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 KW Gadsden
Investment Insights
Based on property information with market context.
Located in the heart of downtown Attalla's Central Business District, this commercial space offers possibilities for various uses. It is suitable for a restaurant, boutique, office space, or event space. The property features concrete flooring, a renovated exterior, and wood posts. The property has public parking access and visibility. The building size is 1911 square feet.
Key Highlights
- Prime downtown location in Attalla's Central Business District.
- Versatile commercial space suitable for restaurant, boutique, office, or event space.
- Recently updated with concrete flooring, beautiful exterior, and gorgeous wood posts.
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 | $28.7k | $15.00 |
| − Vacancy | −$3.4k | −$1.80 |
| EGI | $25.2k | $13.20 |
| − OpEx | −$7.6k | −$3.96 |
| NOI | $17.7k | $9.24 |
1,911 SF · lease $15.00/SF/yr · vacancy 12.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$252.3K
$220.7K – $294.3K
NOI $17,658 @ 7.0% cap · market cap 7.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$312.5K
$273.4K – $364.5K
NOI $21,872 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Versatile commercial space in Attalla's Central Business District.
Where is this retail space located?
The property is located at 419 Fourth NW Street Attalla, AL.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Prime downtown location in Attalla's Central Business District.; Versatile commercial space suitable for restaurant, boutique, office, or event space.; Recently updated with concrete flooring, beautiful exterior, and gorgeous wood posts.
