1214 Moulton W St Decatur, AL 35601-2038
This 2,633 square foot commercial building located at 1214 Moulton St, Decatur, AL, presents a fantastic opportunity for a variety of businesses. Situated on a 0.4-acre lot, the property boasts excellent visibility due to its high-traffic location and ample parking. The building is zoned B-1, making it suitable for a restaurant, bar, liquor store, office space, or retail establishment. A key feature is the existing drive-thru window, adding significant convenience for potential tenants. The interior includes three walk-in coolers, which will require repairs, and a handicapped-accessible bathroom. Recent improvements include a new roof (installed within the last six years) and a new water heater (installed within the last three years). The city conducted a building inspection in 2020. This property offers a strong foundation for a thriving business, with the potential for significant return on investment. The asking price is $285,000. Don't miss this chance to acquire a well-located commercial property with numerous possibilities. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.