Property profile

410 3Rd St Gadsden, AL 35901

OFF-MARKET
Retail properties & Spaces
2,000 SF Built 1950
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Property summary

AI-generated overview

This 2,000 square foot commercial building, located in Gadsden, Alabama's central business district at 410 S 3rd St, 35901, presents a unique investment opportunity. Built in 1950 and renovated in 2020, this Class B property offers a versatile layout suitable for various uses, including medical office, restaurant, or storefront retail. The single-story building features an open floor plan, four private offices, and two restrooms. Its prime location near Riverview Hospital and the new Cancer Center ensures high visibility and accessibility. The property benefits from a convenient private parking lot and additional off-street parking, a significant advantage in a bustling downtown area. Situated just three blocks from a retail hub with national restaurants and the Gadsden Mall, this property enjoys excellent proximity to a diverse range of amenities and a strong customer base. The asking price is $250,000. This is a rare opportunity to acquire a well-maintained, centrally located commercial property in a growing Alabama market. The property is zoned for medical office, restaurant, and storefront uses.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1950
Total area 2,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising Advertising Agency

Location

410 3Rd St Gadsden, AL 35901
Gadsden metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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