2405 Decatur Hwy Gardendale, AL 35071-2336

This exceptional investment opportunity presents a 44,264-square-foot mixed-use building in Gardendale, Alabama, situated on approximately 4-5 acres. The property, located at 2405 Decatur Highway, Suite 100, boasts a successful, established flea market and antique center occupying the upper level (22,132 sq ft), generating consistent income for over 20 years and achieving 100% occupancy as of May 5, 2024. The lower level (also 22,132 sq ft) offers significant potential for an industrial tenant or owner-user. This space features 14-foot ceilings, LED lighting, a sprinkler system, two large drive-in garage doors, and ample outdoor storage space. The building, constructed in 1975 and renovated in 2013, is classified as Class B and benefits from I1 light industrial zoning. The property includes 80 parking spaces per 1,000 square feet, two loading docks, and a 400-amp, 3-phase electrical system. The asking price is $1,600,000, translating to $36.15 per square foot. The property is offered fee simple with a NNN lease structure and features a 10-year-old roof and HVAC units. Its convenient location offers immediate access to I-65 exit 112 (Mt. Olive), approximately 20 miles north of Birmingham. This is a value-add investment opportunity with a strong existing tenant and high potential for future growth.