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    Sheffield, AL
    Mixed-Use

    Sheffield, AL Mixed-use Properties for Sale

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    Muscle Shoals, AL Tuscumbia, AL Florence, AL Rainbow City, AL Cullman, AL Killen, AL Leighton, AL Cherokee, AL
    Mixed-Use Building with Retail
    Updated: Nov 3, 2021
    Mixed-Use Building with Retail

    309 N Montgomery Ave, Sheffield, AL 35660

    $1,075,000
    12,000 sqft
    Building was totally remodeled in 2014 and features central heating and central air
    Metal roof with block and brick construction
    Flooring includes concrete and wood (main level has hardwood floors)
    Separate apartment layout includes 2 bed/2 bath units and 1 bed/1 bath units on the upper level; all are occupied with a waiting list
    Public utilities available: electric, public water, and public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    309 N Montgomery Ave, Sheffield, AL 35660

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $79K
      Annual

    • Price @ 7% Cap

      $1.13M
      Above asking

    • Last Sold

      Apr 2015
      $98K

    • Property Type

      Retail Stores
      Built 1920
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    Mixed-Use Building with Bank History
    Updated: Nov 3, 2021
    Mixed-Use Building with Bank History

    301 N Montgomery Ave, Sheffield, AL 35660

    $950,000
    4,863 sqft
    Built in 1916; historic bank building with unique interior character
    Under renovation for several months and sold as‑is and will not be finished out
    Construction includes block and brick with concrete flooring
    Central heating and central air conditioning
    Public water and public sewer service available
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    Remodeled Mixed-Use Building For Sale
    Remodeled Mixed-Use Building For Sale

    309 N Montgomery Ave, Sheffield, AL 35660

    $1,075,000
    12,000 sqft

    Large, remodeled mixed-use building with apartments and business potential.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    310 N Montgomery Ave, Sheffield, AL 35660

    $1,075,000
    12,000 sqft

    Two buildings with established businesses and four apartments.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Historic Building with Renovation Potential
    Historic Building with Renovation Potential

    301 N Montgomery Ave, Sheffield, AL 35660

    $950,000
    4,863 sqft

    1916 building with restaurant, apartments, and retail potential.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 5 Active listings in Sheffield, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Rogersville Commercial Property For Sale
    Rogersville Commercial Property For Sale

    3790 Hwy 207, Rogersville, AL 35652

    $324,500
    3,222 sqft 0.68 AC lot

    Newly renovated commercial property with high visibility and investment potential.

    View details
    Renovated Commercial Property Near Rogersville
    Renovated Commercial Property Near Rogersville

    3790 Hwy 207, Rogersville, AL 35652

    $324,500
    3,222 sqft

    Newly renovated commercial property with high visibility and business potential.

    View details
    Downtown Florence Mixed-Use Opportunity
    Downtown Florence Mixed-Use Opportunity

    111 N Court St, Florence, AL 35630

    $725,000
    2,760 sqft

    Blank slate property with income potential in downtown Florence.

    View details
    Historic Mixed-Use Building with Retail
    Historic Mixed-Use Building with Retail

    215 N Court ST A,B,C, Florence, AL 35630

    $1,250,000

    Restored circa-1920 mixed-use building with fully leased street-level retail and two designer-finished short-term rental residences.

    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.

    Prime Commercial Land on Florence
    Prime Commercial Land on Florence

    4055 Florence Blvd, Florence, AL 35634

    $559,900
    1,357 sqft 3.19 AC lot

    3.19 acres with high visibility and traffic flow.

    View details
    Highly Productive Farmland with Highway Frontage
    Highly Productive Farmland with Highway Frontage

    HWY 72 W, Athens, AL 35611

    $1,922,000
    124.00 AC lot

    Flat, tillable acres with substantial Highway 72 frontage, currently leased year-to-year for ongoing farm use.

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    Downtown Athens Commercial Lot For Sale
    Downtown Athens Commercial Lot For Sale

    .45 Acre E Washington St, Athens, AL 35611

    $450,000

    Commercial lot near Limestone County Courthouse in downtown Athens.

    View details
    Commercial Land with Clearing Started
    Commercial Land with Clearing Started

    HWY 45/ Wenasoga Road, Corinth, MS 38834

    $500,000
    5.00 AC lot

    Five acres of commercial land in Corinth, MS, with clearing already underway and additional acreage available.

    View details

    Off-Market Properties in Sheffield, AL

    Consider similar Off-Market properties in Sheffield, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    500 Montgomery Ave
    Restaurants

    500 Montgomery Ave, Sheffield, AL 35660

    Value Estimation by Request
    55,305 sqft
    View details

    Sheffield, AL Mixed-Use Properties Market Trends and Statistics

    Explore 6 mixed-use properties for sale in Sheffield, AL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 45,726 square feet of properties for sale, with an estimated market value of $5,125,000.

    Sale prices for multi use buildings in Sheffield, AL start at $950,000, averaging $1,025,000, and reaching up to $1,075,000 — 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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    Demographics Overview

    Population 9,385
    Population Growth (5Y) +4.4%
    Median Household Income $42,510
    College Educated 21.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    35660 $1M

    Taxes & Financing

    Tax Rate (average for all types) 5.03%
    Property Tax per SF $40.11 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Colbert County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Retail

    Residential Income

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