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    110 Bridge St Wetumpka, AL 36092

    Sponsored
    For Sale
    $899,000

    Historic building, high ROI potential.

    Property size:
    3,092 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This stunning, three-story mixed-use building in downtown Wetumpka, Alabama, presents a compelling value-add investment opportunity. Built in 1896 and extensively renovated in 2022, this 3,092 square foot property boasts original architectural details, including black and white penny round tile, a copper ceiling, and reclaimed wood throughout. Currently, the building is 63% occupied, with a prominent tenant—Restoration Coffee, featured on HGTV—occupying a portion of the space. A multi-tenant lease is in place with a remaining term of approximately 3.1 years (commencing January 1, 2024, and expiring December 31, 2027). The third floor features a large office space complete with a restroom and bar area, and all windows have been recently replaced. The building also retains its original bank vault in the basement and stairs salvaged from the Hotel Tallassee. Situated on a 0.22-acre lot (APN: 17 04 18 3 301 054.000), this prime location offers easy access to local amenities, including numerous restaurants. The property's strong NOI of $36,354 contributes to an attractive 4.04% cap rate at an asking price of $899,000 ($290.75/sq ft). Its proximity to Gold Star Park (approx. 0.2 miles) and major transportation routes (approx. 9.5 miles to Montgomery and 14 miles to I-85) further enhances its appeal. This is a rare chance to acquire a beautifully restored historic building with significant upside potential in a thriving downtown area.

    Property Features for 110 Bridge St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,092 SF
    Class
    B
    Lot Size
    9,583 SF

    Building Details

    Year Built/Renovated
    1896/2022
    Buildings
    1
    Stories
    3

    HighLights

    • Historic 3‑story mixed‑use building in downtown Wetumpka, Alabama, renovated in 2022.
    • Features original architectural details including black & white penny round tile, copper ceilings, and reclaimed wood.
    • Currently occupied by Restoration Coffee (featured on HGTV); third floor has large office space with restroom and bar area and new windows.
    • Built in 1896, the building offers granite accents and timeless architectural character; prime location near local restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Restoration Coffee House Coffee Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wetumpka
    County
    Elmore
    State
    Alabama
    Longitude
    -86.204983452793
    Latitude
    32.537613826557

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    FAQs

    What type of property is this?
    Mixed-use property - Historic building, high ROI potential.
    Where is this mixed-use property located?
    The property is located at 110 Bridge St Wetumpka, AL.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: Historic 3-story mixed-use building in downtown Wetumpka, Alabama, renovated in 2022.; Features original architectural details including black & white penny round tile, copper ceilings, and reclaimed wood.; Currently occupied by Restoration Coffee (featured on HGTV); third floor has large office space with restroom and bar area and new windows.
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    110 Bridge St Wetumpka, AL 36092
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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
    110 Bridge St Wetumpka, AL 36092
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