Property profile

122 N Main St Atmore, AL 36502

FOR SALE
Retail space
Property ID
US03-2778169
6,328 SF 0.17 ac lot Built 1920
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 6,328-square-foot retail building, constructed in 1920 and renovated in 2015, presents a fantastic investment opportunity in the heart of Atmore, Alabama. Located at 122 N Main St, this single-story, Class B property sits on a 10,000-square-foot lot (APN: 26-09-29-2-010-008.002) and is zoned B2, offering flexibility for various uses. Previously used as a retail sales center, the building boasts versatile space including a showroom with 9-foot ceilings and central HVAC, and a warehouse area with 16-foot ceilings and a 10-foot roll-up door. Recent upgrades include wiring conversion to single-phase power (approximately within the last 8 years), replacement of plate glass windows with tempered glass, and a Duro-Last commercial roof installed in 2005. The property is currently vacant and ready for immediate occupancy. Ample parking is available, including street parking, a fenced-in area behind the building, and a nearby public lot. Priced at $250,000 ($39.51/sq ft), this fee-simple ownership offers a compelling alternative to leasing, with potential uses including retail, restaurant, professional offices, or entertainment. The building's historic charm combined with its modern updates makes it an attractive proposition for owner-users in the retail/service industry.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,328 SF
Lot 0.17 ac (7,500 SF)
APN 26-09-29-2-010-008.002
UPID US03-2778169

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
  • Carpet & Flooring Store Hardware & Home Improvement

Location

122 N Main St Atmore, AL 36502
Atmore metro Census 970600 ATMORE, AL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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More about this property
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