Meridianville, AL Live-work space for sale

Updated: May 21

Meridianville Commercial Live/Work Opportunity

11556 Highway 231/431, Meridianville, AL 35759

$895,000

4,124 sqft 4.69 AC lot

Versatile live/work property suitable for various businesses. Favorable county zoning allows for wedding venue, studio, B&B, etc.
Substantial 4,124SF historic house recently remodeled for modern comfort and style.
Large 4.69‑acre lot offering ample space and potential.
Features 4 bedrooms and 4 bathrooms.
Conveniently located 1.2 miles from the Madison County Executive Airport.

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This listing looks promising.

Here's a quick look at some key insights for

11556 Highway 231/431, Meridianville, AL 35759

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Est. Cap Rate

5.9%
NOI ÷ price
Est. NOI

$53K
Annual
Price @ 7% Cap

$753K
Suggested
Property Type

Single Family Residence
Built 1940

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Updated: May 5, 2025

Historic Live/Work Property on Acreage

11556 Highway 231 431 N, Meridianville, AL 35759

$895,000

4,124 sqft 4.69 AC lot

Versatile Live/Work Property: Ideal for wedding venue, studio, B&B, or professional business.
Spacious Remodeled Historic Home: 4,124SF with 4 bedrooms and 4 baths.
Large Acreage: 4.69 acres provides ample space.
Business Opportunity: Chance to own a business with historical significance.
Convenient Location: Only 1.2 miles to the Madison County Executive Airport.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Meridianville, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Restaurant with Living Space

5601 Winchester Road, New Market, AL 35761

$875,000

2,035 sqft 0.90 AC lot

Mixed-use property with a commercial restaurant building, separate 1 bed/1 bath living space, and ample parking on Winchester Road.

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Live-Work Corner Lot Property

707 Winchester Road, Huntsville, AL 35811

$359,900

1,915 sqft 1.36 AC lot

Versatile live-work setup on a corner lot with a full basement and stated lack of zoning restrictions.

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Mixed-Use Restaurant with Living Space

5601 Winchester Road, New Market, AL 35761

$875,000

2,035 sqft

Restaurant building with kitchen, office areas, and a separate 1-bedroom residence, supported by business and commercial zoning.

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Versatile Property in Growing Area

707 Winchester Road, Huntsville, AL 35811

$359,900

1.40 AC lot

1.40-acre corner lot suitable for commercial, live/work, or development.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Infill Site in Historic Columbia

1015 S High St, Columbia, TN 38401

$135,000

Land parcel in Columbia, TN, zoned CD-4.

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Freeport Land on Highway 331

20.2 Acres US-331, Freeport, FL 32439

$2,650,000

19.82 AC lot

19.82 acres in Freeport, Florida with development potential.

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Waterfront Development Land Tract

186 Zenker Road, Lexington, SC 29072

$4,627,500

77.12 AC lot

Large waterfront tract on Gibson Pond with extensive shoreline and utility access for residential-style development planning.

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Prime Perdido Key Development Land

5661 Galvez Rd, Pensacola, FL 32507

$1,350,000

1.31 AC lot

1.3-acre property in Pensacola, FL, ideal for mixed-use development.

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Meridianville, AL Live-Work Space Market Trends and Statistics

Explore 2 live-work space for sale in Meridianville, AL on our real estate platform. These investment opportunities span a total of 8,248 square feet of properties for sale, with an estimated market value of $1,790,000.

Sale prices for live-work properties in Meridianville, AL start at $895,000, averaging $895,000, and reaching up to $895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
35759	$895K

Neighborhood

Average Price

35759

$895K

Meridianville, AL Live-work Space for Sale

11556 Highway 231/431, Meridianville, AL 35759

11556 Highway 231 431 N, Meridianville, AL 35759

Opportunities in Nearby Cities

5601 Winchester Road, New Market, AL 35761

707 Winchester Road, Huntsville, AL 35811

5601 Winchester Road, New Market, AL 35761

707 Winchester Road, Huntsville, AL 35811