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Property profile & analytics
OFF-MARKET
Office Spaces

524 Main St Roanoke, AL 36274

Built 1920
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 524 Main Street in downtown Roanoke, Alabama, presents a significant investment opportunity. Situated on a 0.5+ acre lot directly on US Highway 22, this building offers approximately 2,000 square feet of versatile space. Currently configured with seven individual offices, a spacious room ideal for a conference room, and two bathrooms, the layout is adaptable to a variety of commercial uses. The property also boasts a retail/shop area, a substantial warehouse space, ample storage, and an unfinished basement, providing significant flexibility for future development or expansion. Additional features include a metal roof, a convenient loading dock for easy access and delivery, and off-street parking for tenants and customers. The high visibility location on a major highway, combined with the building's size and diverse features, makes this an attractive option for both established businesses seeking to expand and entrepreneurs looking to establish a new venture. The property's potential for rental income further enhances its investment appeal. This is a rare opportunity to acquire a well-located, adaptable commercial building in a thriving downtown area. The property is priced at $149,900.

Property profile
Verified
Property type Office Spaces
Year built 1920
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
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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