212 1st E Ave Oneonta, AL 35121-1734
This exceptional investment opportunity presents two historic buildings located at 212 1st Avenue in the vibrant heart of downtown Oneonta, Alabama. Currently configured as a pharmacy and soda shop, these buildings offer immense potential for a variety of uses, including restaurants, retail spaces, and more. The sale includes all existing fixtures and equipment, ensuring a smooth transition for the new owner. Recent updates have been made to the property, details of which are available in the provided documentation. The high visibility location boasts excellent street and foot traffic, guaranteeing significant exposure for any business. The second level of the building features original hardwood floors and recently updated windows, providing a blank canvas for creative development. This expansive space offers ample opportunity for expansion or the creation of unique additional space. This is a rare chance to own a piece of Oneonta's rich history and be a part of its exciting growth trajectory. The property is offered at $375,000. The lot size is 0 acres. The square footage is not specified. Serious inquiries are encouraged to explore this remarkable opportunity further.
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
4 · Oneonta, ALOneonta. Always verify with local authorities before improvements.
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.