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Property profile & analytics
OFF-MARKET
Office Spaces

56 Smt St Jemison, AL 35171

0.08 ac lot Built 1900
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1900
Lot 0.08 ac (3,485 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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