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Property profile & analytics
OFF-MARKET
Office Spaces

223 Commerce St Jackson, AL 36545

Property ID
Property summary
AI-generated overview

This exceptional property, located at 223 Commerce Street in Jackson, Alabama (zip code 36545), presents a unique investment opportunity. Originally constructed in 1925 as a movie theater, this 6090 square foot building has been thoughtfully updated into a state-of-the-art multimedia facility. The property boasts a large, convertible auditorium with a 20x30 foot stage, perfect for a wide range of events including plays, concerts, parties, and theatrical productions. Preserved historical features include a concession stand, ticket box office, and restrooms. Additional amenities include Studio A, featuring a bar/lounge area seating 24 and a stage-view room for electronics and lighting. Upstairs, Studio B (a 20x30 foot addition) offers a VIP viewing room, plus extra space suitable for dressing rooms or storage. The property also includes ample storage areas, a hidden closet, and an additional stairway leading to the concession stand. Behind the stage, there's space for props, dressing rooms, and laundry hookups. An additional exterior storage/dressing room is located near the building's exit. A 30-foot-wide rear property provides access to a back street. The asking price for this historically significant and versatile property is $140,000. The lot size is 0.14 square feet.

Property profile
Verified
Property type Office Spaces
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
Current use
Occupant on record · Public records
  • Former Locke Theatre Tour Operator
  • Ezell’s Productions LLC Training Center
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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