117 North St Talladega, AL 35160
This charming 1900-built commercial property located at 117 North Street E in Talladega, Alabama, presents a unique investment opportunity. Situated on a 0.26-acre lot, this single-building property offers versatile potential for a variety of uses. Currently configured as a blend of office and hospitality space, it's ideally suited for redevelopment or continued operation as a mixed-use building. The property has undergone partial renovations, including a new exterior paint job and a partial new roof. Interior renovations have also been started. The asking price is $259,900. Its central downtown Talladega location provides excellent visibility and accessibility. The building's history and character offer a unique opportunity to create a thriving business or investment property. The flexible zoning allows for a range of possibilities, including office space, a motel, or apartments. This property is ready for an investor or business owner with vision to transform it into a profitable venture. The existing infrastructure provides a solid foundation for future development, minimizing initial investment costs. The property's location in the heart of Talladega offers easy access to local amenities and a strong potential customer base. Don't miss this chance to acquire a piece of Talladega's history and shape its future. The property's zip code is 35160.
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Leigh Love Attorney at Law Law Firm
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.