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    92 Shorter St Madison, AL 35758

    For Lease
    Contact for pricing

    Three retail spaces available, high traffic area.

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    The Avenue Madison offers exceptional retail leasing opportunities in the thriving Madison submarket. This property boasts a total of 10,000 square feet spread across three buildings, providing multiple spaces to suit various business needs. Three individual suites are currently available, ranging in size from 1,205 square feet to 2,280 square feet, with the possibility of combining Suites B and C for a total of 3,485 square feet. The property enjoys a highly visible location directly off Sullivan Street, adjacent to downtown Madison, Madison City Stadium, and Journey Middle School, ensuring significant foot and vehicle traffic. Strong co-tenancy includes established businesses like Honest Coffee Roasters and Burn Boot Camp, further enhancing the area's appeal and drawing in a consistent customer base. Ample parking is available in adjacent lots, supplemented by convenient street parking. Adding to the property's desirability is the presence of 190 on-site multi-family lofts, creating a built-in customer base. A prominent monument sign is available at the signalized intersection of Sullivan Street and Short Street, providing excellent branding opportunities. Suite B features a layout ideally suited for businesses such as smoothie shops or ice cream parlors. This prime retail location presents a unique opportunity for businesses seeking high visibility and strong potential for success in a vibrant and growing community.

    Property Features for 92 Shorter St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF

    Building Details

    Buildings
    3

    Unit(s) available at that property

    Space
    Bldg 97, Suite F
    Size
    1,440 SF
    Space
    Bldg 92, Suite B
    Size
    1,205 SF
    Space
    Bldg 92, Suite C
    Size
    2,280 SF

    HighLights

    • 10,000 SF retail property in Madison's submarket, comprised of three buildings with multiple tenancies.
    • Three retail spaces available, ranging from 1,205 to 2,280 square feet.
    • Prime location off Sullivan Street, near downtown Madison, Madison City Stadium, and Journey Middle School.
    • Strong co‑tenancy with Honest Coffee Roasters and Burn Boot Camp.
    • Ample parking available in adjacent lots and on the street.
    • On‑site multi‑family residential component (190 lofts).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Burn Boot Camp Gym Honest Coffee Roasters Coffee Shop Bldg 92, Avenue ... Apartment Building

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Alabama
    Longitude
    -86.749340832546
    Latitude
    34.690410116095

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    FAQs

    What type of property is this?
    Retail property - Three retail spaces available, high traffic area.
    Where is this retail property located?
    The property is located at 92 Shorter St Madison, AL.
    What are key features of this property?
    This property features: 10,000 SF retail property in Madison's submarket, comprised of three buildings with multiple tenancies.; Three retail spaces available, ranging from 1,205 to 2,280 square feet.; Prime location off Sullivan Street, near downtown Madison, Madison City Stadium, and Journey Middle School.
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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
    92 Shorter St Madison, AL 35758
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