210 Ct St Florence, AL 35630-4771
This 8,237 square foot storefront, located at 210 N Court St in Florence, Alabama, presents a unique investment opportunity. Built in 1900, this historic building boasts a prime location in downtown Florence, within walking distance of the University of North Alabama. The property sits on a 0.1-acre lot and is zoned for commercial use (00 Commercial). Its central location places it at the heart of Florence's vibrant cultural scene, benefiting from over 200 annual events, including First Fridays, Music in the Park, the Renaissance Fair, Arts Alive, the Handy Festival, and events at the Shoals Theatre. The building offers a blank slate for various uses, including offices, apartments, and retail, making it ideal for entrepreneurs seeking a prominent presence in a thriving downtown area. The asking price is $765,000, translating to $92.87 per square foot. This single-tenancy property represents a chance to own a piece of Florence's rich history and contribute to its continued growth. The property's versatility and location make it a compelling investment in a dynamic and culturally rich Alabama city. The building's substantial size and central location offer significant potential for a variety of commercial ventures.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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