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Property profile & analytics
OFF-MARKET
Specialty properties

2009 2Nd Ave Phenix City, AL 36867

0.72 ac lot Built 1940
Property ID
Property summary
AI-generated overview

This exceptional property at 2009 2nd Avenue, Phenix City, Alabama, presents a rare dual-purpose investment opportunity. Priced at $250,000, this 0.72-acre lot encompasses two buildings: a well-established church and an adjacent house currently under lease. Built in 1940, the church boasts a recently installed roof (less than one year old), ample parking (21 spaces), and additional green space allowing for future expansion. Inside, the church features multiple bathrooms, a sizable kitchen, a large worship area, and abundant storage and multi-purpose rooms. The accompanying house adds to the property's versatility. The property is zoned SFR2, offering flexibility for continued use as a place of worship or repurposing as a community center or residential complex. Its convenient downtown Phenix City location provides easy access and high visibility. This turnkey property is ideal for a religious organization seeking a new home or an investor looking for a unique and adaptable asset. The property's combination of a church and a separately leased house provides immediate income potential and diverse usage options. This is a truly unique opportunity in a desirable location.

Property profile
Verified
Property type Specialty properties
Year built 1940
Lot 0.72 ac (31,363 SF)
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
Current use
Occupant on record · Public records
  • His Gathering House Community Church Church
  • His Gathering House Church Church
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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