Current Use by Public Records
- Retail properties & Spaces
Property Details for 201 Broad St
- Year built
- 1920
- Property type
- Retail properties & Spaces
Description
Prime investment opportunity in Aliceville, Alabama, featuring a retail property located at 201 Broad Street NE. This established business offers a strong, consistent income stream, with a tenant currently occupying the space for over a decade under a year-to-year lease agreement. The current rental income provides a compelling 10% capitalization rate, representing a significant return on investment. The property's location in the heart of downtown Aliceville ensures high visibility and accessibility for customers. This is an excellent chance to acquire a stable, income-generating asset with a long-term tenant in place. The low rent factor for the current tenant suggests potential for future rental increases. The property is offered at $100,000. Contact us to schedule a viewing and receive detailed financial information. This is a rare opportunity to secure a profitable retail investment in a desirable location. Serious inquiries only.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aliceville
- County
- Tuscaloosa
- State
- Alabama
- Longitude
- -88.1517
- Latitude
- 33.1308
