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Property profile & analytics
FOR SALE
Office Spaces

301 N Montgomery Ave Sheffield, AL 35660

4,863 SF Built 1916
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US03-2617705
Property summary
AI-generated overview

This stunning 4,863 square foot commercial building, located at 301 Montgomery Ave in Sheffield, Alabama, presents a unique investment opportunity. Originally constructed in 1916, this property boasts a rich history, having previously served as a bank. Currently undergoing renovations, the building is being sold "as is," offering a blank canvas for a discerning buyer. The planned renovations included the creation of apartments on the upper level, a full-service restaurant on the main floor, and a gift shop. While unfinished, the building retains many of its original, charming features, creating a captivating blend of historical character and modern potential. The property sits on a 0-acre lot and is priced at $805,000. Its prime location in Sheffield offers excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The substantial square footage provides ample space for creative development and adaptation to suit a wide range of business needs. This is a rare chance to acquire a piece of Sheffield's history and transform it into a thriving commercial enterprise. Serious inquiries are encouraged to explore the possibilities of this exceptional property. The building's unique architectural details and historical significance present a compelling opportunity for a developer or investor seeking a high-impact project.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1916
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,863 SF
APN 07-08-28-3-010-039.000
UPID US03-2617705
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Briley Properties LLC · 7 yrs held
Briley Properties LLC
since 2019
1 recorded transaction
2019
$177,640
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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