834 Chestnut Street, Gadsden, AL 35901
COMMERCIAL - Gadsden, AL
- Added:
- Jun 29, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 4 at 6:06 pm
Property Features for 834 Chestnut Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 1502043000136000
- Size
- 3,959 SF
- Lot size
- 0.34 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Flooring type
- Wood
Listing agent Katie McKenzie License #105125 (256) 613-6516
Listing office Impact Realty, LLC 1423 Rainbow Dr Suit A, Gadsden, AL (256) 459-4001
Listing date Jun 29, 2026
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HighLights
- 1910‑built property with wood flooring
- Main level includes five office spaces plus a conference room
- Upstairs one‑bedroom apartment with kitchen, living area, and full bath
- Income‑producing setup with office space and an additional rental apartment
- Public water and public sewer
Overview
Located at 834 Chestnut Street in Gadsden, Alabama, the building sits in Historic Downtown Gadsden, positioning the layout for tenants seeking a downtown setting.
For office users and small operators, the configuration supports daytime business activity on the main level with a separate residential unit above. The apartment’s defined one-bedroom layout can fit a variety of rental strategies or allow an owner to live on-site while maintaining dedicated office space below. This is a single property that combines workplace functionality with residential income-producing potential.
Local Financial Insights For Mixed Use
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 | $55.6k | $14.04 |
| − Vacancy | −$5.6k | −$1.40 |
| EGI | $50.0k | $12.64 |
| − OpEx | −$18.8k | −$4.74 |
| NOI | $31.3k | $7.90 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gadsden
- County
- Etowah
- State
- Alabama
- Longitude
- -86.013174
- Latitude
- 34.013854
