You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Warehouses

401 Locust St Gadsden, AL 35901

36,000 SF 0.82 ac lot Built 1940
Property ID
Property summary
AI-generated overview

Time Square at Locust Street, located at 401 Locust Street in Gadsden, Alabama, presents a unique investment opportunity. This multi-tenant building offers 36,000 square feet of flexible space, divisible from 100 square feet to the entire building. The property features a mix of executive office, creative office, flex space, and warehouse options, catering to diverse business needs. Tenants can choose from individual offices to larger suites, with shared common areas available. A notable feature is a unique event space boasting an open floor plan, exposed brick, high ceilings, and private access. The building sits on 0.82 acres of land, with convenient access via 151 feet of frontage on Locust Street and a cross street at North 4th Street. Built in 1940 and renovated in 2010, the two-story building includes two loading docks, two dock-high doors, and one drive-in door, enhancing its functionality for various businesses. The property is zoned B4 (Design Review District) within Gadsden's Downtown Historic District, offering proximity to local amenities. The building's rich history, previously housing The Gadsden Times, adds to its character. With 34,000 square feet currently vacant, this property offers significant potential for immediate occupancy and long-term growth. The property's APN is 15-02-04-4-000-110.000. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving downtown area.

Property profile
Verified
Property type Warehouses
Year built 1940
Total area 36,000 SF
Lot 0.82 ac (35,719 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
Current use
Occupant on record · Public records
  • Gadsden Times Publishing House Newspaper & Magazine
  • Ck Creations Boutique Sign Shop
  • VisitHer (Bike/Boat/Book/etc) Store Cosmetic Store
  • Eden Bath, Hair & Skincare (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 401 Locust St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message