Technical
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Property profile

110 Brg St Wetumpka, AL 36092

OFF-MARKET
Retail space
Property ID
US03-1961941
1,364 SF 0.03 ac lot Built 1900
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This stunning, three-story mixed-use building in downtown Wetumpka, Alabama, presents a compelling value-add investment opportunity. Built in 1896 and extensively renovated in 2022, this 3,092 square foot property boasts original architectural details, including black and white penny round tile, a copper ceiling, and reclaimed wood throughout. Currently, the building is 63% occupied, with a prominent tenant—Restoration Coffee, featured on HGTV—occupying a portion of the space. A multi-tenant lease is in place with a remaining term of approximately 3.1 years (commencing January 1, 2024, and expiring December 31, 2027). The third floor features a large office space complete with a restroom and bar area, and all windows have been recently replaced. The building also retains its original bank vault in the basement and stairs salvaged from the Hotel Tallassee. Situated on a 0.22-acre lot (APN: 17 04 18 3 301 054.000), this prime location offers easy access to local amenities, including numerous restaurants. The property's strong NOI of $36,354 contributes to an attractive 4.04% cap rate at an asking price of $899,000 ($290.75/sq ft). Its proximity to Gold Star Park (approx. 0.2 miles) and major transportation routes (approx. 9.5 miles to Montgomery and 14 miles to I-85) further enhances its appeal. This is a rare chance to acquire a beautifully restored historic building with significant upside potential in a thriving downtown area.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 1,364 SF
Lot 0.03 ac (1,365 SF)
APN 17-04-18-3-301-054.000
UPID US03-1961941

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
  • Cafe & Coffee Shop

Location

110 Brg St Wetumpka, AL 36092-2711
Wetumpka metro Census 30801 MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2021
Last sale
$225,000
1 recorded transaction
2021
$225,000

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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