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    New Market, AL
    Live - Work Space

    New Market, AL Live-work Space for Sale

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    Huntsville, AL Gurley, AL Hazel Green, AL Elora, TN Flintville, TN Hollytree, AL Meridianville, AL Fayetteville, TN
    Restaurant With Separate Living Space
    Updated: Jun 23
    Restaurant With Separate Living Space

    5601 Winchester Road, New Market, AL 35761

    $875,000
    2,035 sqft 0.90 AC lot
    Approximately 0.90‑acre mixed‑use site
    Separate 1‑bedroom, 1‑bath living space plus commercial building
    Zoned residential and commercial
    On Winchester Road with driveway parking
    Central heating and central air
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    This listing looks promising.

    Here's a quick look at some key insights for

    5601 Winchester Road, New Market, AL 35761

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $406K
      Suggested

    • Last Sold

      Jun 2008
      $175K

    • Property Type

      Restaurant
      Built 1996
    View Property Analytics
    Mixed-Use Restaurant with Living Space
    Updated: Jun 19
    Mixed-Use Restaurant with Living Space

    5601 Winchester Road, New Market, AL 35761

    Contact for pricing
    2,035 sqft
    2,035± SF commercial building on approx. 0.90 acres, built in 1996
    Mixed‑use setup includes a separate 1‑bed/1‑bath living space plus restaurant/commercial building
    Business and commercial zoning supports multiple uses, including food service, retail, office, or multi‑tenant concepts
    Building includes central HVAC, public water, septic, metal roof, and concrete flooring
    Includes kitchen and office areas within the commercial space
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in New Market, 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.

    Renovated Live-Work Space with Parking
    Renovated Live-Work Space with Parking

    1117 6th Avenue, Decatur, AL 35601

    $524,811
    1,114 sqft 0.13 AC lot

    Renovated live-work space currently set up as a nail salon and residence, with parking behind the building.

    View details
    Renovated Live-Work Space
    Renovated Live-Work Space

    1117 6th Avenue, Decatur, AL 35601

    $524,811
    1,114 sqft

    Renovated live-work property with three rooms, handicap-accessible bath, kitchen, and parking behind the building.

    View details
    Historic Live/Work Property on Acreage
    Historic Live/Work Property on Acreage

    11556 Highway 231 431 N, Meridianville, AL 35759

    $895,000
    4,124 sqft 4.69 AC lot

    Remodeled historic home on 4.69 acres, ideal for business.

    View details
    Historic House with Live-Work Potential
    Historic House with Live-Work Potential

    11556 Highway 231/431, Meridianville, AL 35759

    $895,000
    4,124 sqft 4.69 AC lot

    Historic 4,124 SF home on 4.69 acres with central air, public water, and public sewer.

    View details

    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
    Infill Site in Historic Columbia

    1015 S High St, Columbia, TN 38401

    $135,000

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

    View details
    Waterfront Development Land Tract
    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.

    View details
    Freeport Land on Highway 331
    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.

    View details
    Triple-Frontage Development Land
    Triple-Frontage Development Land

    5661 Galvez Rd, Pensacola, FL 32507

    $1,350,000
    1.31 AC lot

    Zoned HDMU with 250 feet of frontage on three roads and originally platted into 10 residential lots.

    View details

    New Market, AL Live-Work Space Market Trends and Statistics

    Explore 2 live-work space for sale in New Market, AL on our real estate platform. These investment opportunities span a total of 4,070 square feet of properties for sale, with an estimated market value of $875,000.

    Sale prices for live-work properties in New Market, AL average $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 2
    Office buildings 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +12.4%
    Median Household Income $82,321
    College Educated 38.3%

    High-Yield Neighborhoods for Investment

    Identify New Market submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    35761 $875K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Madison County

    Retail

    Residential Income

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