708 Company St Wetumpka, AL 36092
This exceptional mixed-use storefront property, located at 708 Company St in Wetumpka, Alabama, presents a unique investment opportunity. The 6,000 square foot building, constructed in 1945, boasts a rich history as a family-owned hardware store. The property features original oak floors throughout the main retail space and upstairs storage area, along with a warehouse section containing concrete floors, a small bathroom, and a manual bay door. The building retains many original features, including the original cash register, counters, and nail bins, offering a charming and nostalgic atmosphere. The property includes three-phase power, one HVAC unit, one water meter, and one septic tank. A significant advantage is the inclusion of two acres of land, providing ample space for expansion or future development. The building's prime location offers excellent visibility and accessibility, situated on Highway 231 and Company Street in the heart of downtown Wetumpka (zip code 36092). This versatile property is ideal for a variety of uses, allowing for the preservation of its historical character or complete renovation to suit a new vision. The asking price is $249,900, with a price per square foot of $41.65. This Class B property represents a rare chance to acquire a substantial piece of Wetumpka's heritage and a highly adaptable commercial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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