110 Commerce St Greenville, AL 36037-2210
- Office buildings
- 1,988 SF
- 0.05 lot acres
Current Use by Public Records
- Meadows & Co / Accountant
Property Details for 110 Commerce St
- Lot size
- 0.05 lot acres
- Property size
- 1,988 SF
- Property type
- Office buildings
- APN
- 10 08 06 23 1 004 009.000
- APU
- 100806231004009000
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Butler
- State
- Alabama
- Longitude
- -86.6238
- Latitude
- 31.8294
