Mixed-Use Commercial
61 Al Hwy 69 N Cullman, AL 35055
For Sale
$370,000
COMMERCIAL - Cullman, AL
Property Size4,258 SF
Lot Size0.34 Acres
Price / SF$86.90
Days on Market84
Property Features for 61 Al Hwy 69 N
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot, Driveway
Standard status
Active
APN
1603070001039.000
Size
4,258 SF
Lot size
0.34 Acres
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1995
Floors in Building
2
Flooring type
Vinyl
Roof type
Metal
Listing Agency:
Weichert Realtors Cullman
(256) 737-9611
Listed By:
Jeffre Taylor · License #72498
(256) 708-0044
Added: May 7
Changed: Jul 28
Last Checked: Jul 29 at 11:06AM
MLS# 21911162
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Investment Insights
Based on property information with market context.
This mixed-use commercial property features a 2,840 SF shop paired with 1,480 SF of livable space. The livable area includes four bedrooms, offering flexibility for an office-style layout, professional services, or a live/work arrangement. The shop is sized to support a variety of uses.
The property is located with prominent Highway 69 frontage just outside Cullman city limits. This visibility can support day-to-day customer access and makes the site well suited for owner-use or investment planning.
At a total property size of 4,258 SF on a 0.34-acre lot, the configuration combines a dedicated commercial shop area with separate residential space, creating a practical live-and-work option in one address.
The property is located with prominent Highway 69 frontage just outside Cullman city limits. This visibility can support day-to-day customer access and makes the site well suited for owner-use or investment planning.
At a total property size of 4,258 SF on a 0.34-acre lot, the configuration combines a dedicated commercial shop area with separate residential space, creating a practical live-and-work option in one address.
Key Highlights
- High‑visibility Highway 69 frontage just outside Cullman city limits
- Mixed‑use setup with a 2,840 SF shop plus 1,480 SF of livable space
- Livable area includes 4 bedrooms and 1 bathroom, suitable for office or live/work use
Financial Insights For Office B
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 | $53.7k | $12.60 |
| − Vacancy | −$8.6k | −$2.02 |
| EGI | $45.1k | $10.58 |
| − OpEx | −$11.3k | −$2.65 |
| NOI | $33.8k | $7.94 |
4,258 SF · lease $12.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$482.9K
$422.5K – $563.3K
NOI $33,800 @ 7.0% cap · market cap 9.14%
Second Best
Retail
$436.9K
$382.3K – $509.7K
NOI $30,581 @ 7.0% cap · market cap 8.27%
Theoretical Best
Office A
$627.8K
$549.3K – $732.4K
NOI $43,943 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - Property includes a 2,840 SF shop and 1,480 SF livable space with four bedrooms and highway frontage.
Where is this live-work space located?
The property is located at 61 Al Hwy 69 N Cullman, AL.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: High‑visibility Highway 69 frontage just outside Cullman city limits; Mixed‑use setup with a 2,840 SF shop plus 1,480 SF of livable space; Livable area includes 4 bedrooms and 1 bathroom, suitable for office or live/work use
