90 Court Sq Ashland, AL 36251
This exceptional 7,000+ square foot corner building, constructed in 1910, presents a rare investment opportunity in historic Ashland, Alabama. Situated prominently overlooking the Clay County Courthouse, this property offers significant versatility. The street level, currently utilized as retail space, boasts two separate front entrances, ideal for multiple businesses or expansion. The basement, accessible from multiple side street entrances, provides ample storage currently, but its independent entrances lend themselves to subdivision into distinct rental units. A unique feature is the upper floor, accessed via a staircase from the street level. Spanning the entire building's footprint, this expansive space presents significant potential for conversion into residential units, apartments, or Airbnb rentals, subject to necessary permits and renovations. The 0.07-acre lot provides ample space for outdoor use. With its prime location, substantial square footage, and adaptable layout, this property is poised for significant return on investment. The building's historical character and unique features make it a truly one-of-a-kind opportunity. Priced at $300,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.