5590 2nd St Muscle Shoals, AL 35661-5569
- Warehouses
- 1,803 SF
- 4.46 lot acres
Current Use by Public Records
- Warehouses
Property Details for 5590 2nd St
- Year built
- 2002
- Lot size
- 4.46 lot acres
- Property size
- 1,803 SF
- Property type
- Warehouses
- APN
- 08-08-34-0-003-001.001
- APU
- 808340003001001
Description
This exceptional investment opportunity in Muscle Shoals, Alabama, presents a unique blend of commercial and residential income streams. Situated on a spacious 4.46-acre lot at 5590 2nd St, zip code 35661, this gated and fenced property boasts three distinct buildings. The main structure, a two-story building constructed in 2002, features office space on the ground floor and a studio apartment on the upper level, each with its own full bathroom. A partial basement adds further versatility. A second building, measuring 40 x 200 square feet, comprises two enclosed bays equipped with overhead doors and a chain hoist, along with a half-bath. This building is ideal for various industrial or storage uses. Finally, a third building provides nine individual mini-storage units, generating additional rental income. The total square footage of the main building is 1,800 square feet. The property includes water features fed by a public water source. This multi-faceted property offers significant potential for investors seeking a diverse portfolio with strong rental income and future development possibilities. The asking price is $599,900.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Muscle Shoals
- County
- Colbert
- State
- Alabama
- Longitude
- -87.5749
- Latitude
- 34.7566
- CBSA code
- 22520
- CBSA name
- FLORENCE-MUSCLE SHOALS, AL METROPOLITAN STATISTICAL AREA
