56 Smt St Jemison, AL 35171
This exceptional commercial property, located at 56 Summit Street in Jemison, Alabama, presents a unique investment opportunity. The 0.08-acre lot houses a thriving salon business, currently featuring up to five open booths for rent. The property's strategic location, just off Highway 31 in the nearby town of Thorsby, ensures high visibility and accessibility for clients. Recent updates have modernized the space, enhancing its appeal and functionality. Two booths are already generating rental income, providing a solid foundation for immediate return on investment. The property's current configuration as a salon is easily adaptable to other business uses, offering flexibility for future expansion or diversification. This turnkey operation is perfect for an entrepreneur seeking to establish or expand their business in a high-traffic area. The asking price of $99,900 represents a compelling value for a property with existing income and significant growth potential. The property's size is not specified, but its current use as a multi-booth salon suggests a comfortable square footage for its intended purpose. This is an exceptional opportunity to acquire a well-maintained, income-producing commercial property in a desirable location. Don't miss out on this chance to own your own business or add a valuable asset to your investment portfolio. Contact us today to schedule a viewing and explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.