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    410 3Rd St Gadsden, AL 35901

    Sponsored
    For Sale
    $250,000

    Downtown Gadsden Office/Retail Space

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 2,000 square foot commercial building, located in Gadsden, Alabama's central business district at 410 S 3rd St, 35901, presents a unique investment opportunity. Built in 1950 and renovated in 2020, this Class B property offers a versatile layout suitable for various uses, including medical office, restaurant, or storefront retail. The single-story building features an open floor plan, four private offices, and two restrooms. Its prime location near Riverview Hospital and the new Cancer Center ensures high visibility and accessibility. The property benefits from a convenient private parking lot and additional off-street parking, a significant advantage in a bustling downtown area. Situated just three blocks from a retail hub with national restaurants and the Gadsden Mall, this property enjoys excellent proximity to a diverse range of amenities and a strong customer base. The asking price is $250,000. This is a rare opportunity to acquire a well-maintained, centrally located commercial property in a growing Alabama market. The property is zoned for medical office, restaurant, and storefront uses.

    Property Features for 410 3Rd St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,000 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1950/2020
    Buildings
    1
    Stories
    1

    HighLights

    • 2,000 SF +/- of prime downtown Gadsden commercial space with private parking.
    • Updated building featuring an open floor plan, four offices, and two restrooms.
    • Excellent location in the Gadsden Central Business District, near Riverview Hospital and a new Cancer Center.
    • Conveniently located near retail, restaurants, and the Gadsden Mall.
    Property Profile Location Intelligence

    Current Use by Public Records

    Only The Team Ground ... Advertising Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gadsden
    County
    Etowah
    State
    Alabama
    Longitude
    -86.0040253
    Latitude
    34.0073318

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    FAQs

    What type of property is this?
    Individual retail property - Downtown Gadsden Office/Retail Space
    Where is this individual retail property located?
    The property is located at 410 3Rd St Gadsden, 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: 2,000 SF +/- of prime downtown Gadsden commercial space with private parking.; Updated building featuring an open floor plan, four offices, and two restrooms.; Excellent location in the Gadsden Central Business District, near Riverview Hospital and a new Cancer Center.
    Request Owner's contact information
    410 3Rd St Gadsden, AL 35901
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    Gadsden, AL 35901
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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
    410 3Rd St Gadsden, AL 35901
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