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    122 Main St Atmore, AL 36502

    Sponsored
    For Sale
    $250,000

    Downtown Atmore, Alabama - 6,328 sq ft

    Property size:
    6,328 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,328-square-foot retail building, constructed in 1920 and renovated in 2015, presents a fantastic investment opportunity in the heart of Atmore, Alabama. Located at 122 N Main St, this single-story, Class B property sits on a 10,000-square-foot lot (APN: 26-09-29-2-010-008.002) and is zoned B2, offering flexibility for various uses. Previously used as a retail sales center, the building boasts versatile space including a showroom with 9-foot ceilings and central HVAC, and a warehouse area with 16-foot ceilings and a 10-foot roll-up door. Recent upgrades include wiring conversion to single-phase power (approximately within the last 8 years), replacement of plate glass windows with tempered glass, and a Duro-Last commercial roof installed in 2005. The property is currently vacant and ready for immediate occupancy. Ample parking is available, including street parking, a fenced-in area behind the building, and a nearby public lot. Priced at $250,000 ($39.51/sq ft), this fee-simple ownership offers a compelling alternative to leasing, with potential uses including retail, restaurant, professional offices, or entertainment. The building's historic charm combined with its modern updates makes it an attractive proposition for owner-users in the retail/service industry.

    Property Features for 122 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,328 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1920/2015
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $39.51/sq ft purchase price, a great value.
    • Monthly mortgage payments could be lower than lease payments.
    • Vacant and ready for immediate occupancy; current owner will vacate upon contract acceptance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Atmore Carpet Services Flooring Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atmore
    County
    Escambia
    State
    Alabama
    Longitude
    -87.493756331084
    Latitude
    31.025045861866

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    FAQs

    What type of property is this?
    Individual retail property - Downtown Atmore, Alabama - 6,328 sq ft
    Where is this individual retail property located?
    The property is located at 122 Main St Atmore, AL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $39.51/sq ft purchase price, a great value.; Monthly mortgage payments could be lower than lease payments.; Vacant and ready for immediate occupancy; current owner will vacate upon contract acceptance.
    Request Owner's contact information
    122 Main St Atmore, AL 36502
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    Atmore, AL 36502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    122 Main St Atmore, AL 36502
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