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Property profile & analytics
OFF-MARKET
Office buildings

110 Commerce St Greenville, AL 36037-2210

1,988 SF 0.05 ac lot
Individually Owned Free & Clear
Property ID
US03-1329200
Property summary
AI-generated overview

This stunning, historic building at 110 W Commerce Street in Greenville, Alabama presents a unique investment opportunity. The property boasts a multi-functional commercial space on the ground floor, ideal for retail or office use. Its prime downtown location ensures high visibility and accessibility. The space has a proven track record of successful rentals, contributing significantly to the overall income stream. Upstairs, a charming loft-style efficiency apartment offers additional rental potential. This apartment retains its original historical character, featuring preserved architectural details that add to its unique appeal. A private balcony overlooking Commerce Street provides picturesque views of the city's vibrant downtown activity. Both the commercial space and the apartment have a consistent history of generating rental income, resulting in a gross annual rental income of $25,920. This property is a blend of historical charm and modern income potential, making it an attractive investment for discerning buyers seeking a profitable and aesthetically pleasing asset in a thriving downtown area. The building is situated on a lot with zero acres. The asking price for this exceptional property is $230,000. This represents a strong return on investment given the existing rental income. The property's location and historical significance make it a truly unique opportunity in the Greenville market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Total area 1,988 SF
Lot 0.05 ac (2,075 SF)
APN 10 08 06 23 1 004 009.000
UPID US03-1329200
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
  • Meadows & Co Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
HOWARD W MEADOWS
HOWARD W MEADOWS
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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