111 1St St Alabaster, AL 35007
- Retail properties
- 22,500 SF
Current Use by Public Records
- Retail properties
Property Details for 111 1St St
- Year built
- 1945
- Property size
- 22,500 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents two vacant, historic storefront buildings totaling 22,500 square feet, situated on 111 and 101 1st Street North in Alabaster, Alabama. Built in 1945, these charming, two-story (plus full basements) Class B buildings offer significant potential for redevelopment or repurposing. The property features large storefront windows, high (10'+) ceilings, and roll-up bay doors, creating an open and adaptable layout. Conveniently located along US Highway 31, the property benefits from excellent visibility and accessibility. Zoned B-5, this property allows for a multitude of uses. Each building offers unique characteristics, with full basements providing additional storage or expansion possibilities. The asking price is $1,000,000, representing a price per square foot of $44.44. The property's two buildings sit on separate parcels, with APN numbers 13 7 35 4 402 013.000. This is a rare chance to acquire a significant piece of Alabaster's commercial history and capitalize on its prime location and versatile space. The property's convenient access to Interstate access and open layout make it ideal for a variety of retail or commercial ventures. Don't miss this chance to own a piece of Alabaster's vibrant commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alabaster
- County
- Shelby
- State
- Alabama
- Longitude
- -86.8161
- Latitude
- 33.2443