2009 2Nd Ave Phenix City, AL 36867
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.
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His Gathering House Community Church Church
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His Gathering House Church Church
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
Similar Nearby for Lease
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.