0 Ehrich Ave Bridgeport, AL 35740
This exceptional 12,953-square-foot property in Bridgeport, Alabama, presents a unique investment opportunity. Situated on a 1.64-acre lot with six buildable lots, this two-story building, constructed in 2001, offers significant potential for diverse uses. Previously utilized as a church and school, the main 10,000-square-foot structure features a spacious sanctuary with 18+-foot ceilings and a balcony, along with a basement containing classrooms, a kitchen, dining area, and restrooms. An attached, older 2,953-square-foot building adds to the property's versatility. The property boasts ample ingress and egress, is connected to city sewer, and has a roof approximately six years old. Zoned for commercial public assembly, permitted uses include apartments, self-storage, corporate offices, a daycare, training center, or community center. The expansive lot allows for additional development, such as outdoor storage or parking. Located 2.9 miles from a Google Data Center and 38 minutes from downtown Chattanooga, this property benefits from a growing area with high housing demand. The asking price is $395,000, or $30.49 per square foot. The property is vacant and owned by Stonewood Properties, LLC. The APN is 02-04-18-0-002-045.000.
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
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Property description
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No recorded transactions found for this property.
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Risks
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