310 N Montgomery Ave Sheffield, AL 35660
For Sale
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This exceptional commercial property in Sheffield, Alabama, presents a unique investment opportunity encompassing two buildings, each housing an established business. The property boasts a total of 12,000 square feet of space, offering significant potential for expansion. The two buildings are complemented by four attractive, fully occupied two-bedroom, two-bathroom apartments, currently operating with a waiting list. This indicates strong rental income potential and a stable tenant base. The existing businesses within the buildings are well-established and contribute to the property's overall profitability. The property's unique architectural details add to its charm and appeal. The ample working space within both buildings provides flexibility for various business uses and future growth. The combination of established businesses, high-demand rental units, and substantial space makes this a rare find in the Sheffield market. This property is ideal for an investor seeking a diversified portfolio with immediate cash flow and significant long-term growth potential. The property is situated at 310 Montgomery Avenue in Sheffield, Alabama. Serious inquiries are encouraged to schedule a viewing and explore this remarkable investment opportunity. The asking price is $1,075,000.
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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
Property description
Physical attributes from public recordsZoning & alternative use
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.