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    Property profile

    401 Locust St Gadsden, AL 35901

    OFF-MARKET
    Office Units
    Property ID
    US03-Q020895
    Built 1940
    Saved · see the list in your Dashboard

    Property summary

    AI-generated overview

    Welcome to Time Square at Locust Street, located at 401 Locust Street, Gadsden, Alabama – a multi-tenant office, retail and warehousing building that combines prime location with versatile space solutions. The building is designed to accommodate multiple tenants and offers convenient solutions for small and large businesses, with a range of office, retail and warehouse spaces that can be customized to meet specific business needs. This flexibility makes it an attractive option for a diverse array of enterprises needing flexible leasing options. Offering single offices to multiple offices and use of common space. Flexible floor plans and lease terms Offering office retail and some warehouse Parking on site in rear of building

    Property profile

    Verified
    Property type Office Units
    Year built 1940
    UPID US03-Q020895

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Current use

    Occupant on record · Public records
    • Publishing House Newspaper & Magazine
    • Custom T-Shirt Store Boutique
    • (Bike/Boat/Book/etc) Store Cosmetic Store
    • (Bike/Boat/Book/etc) Store Cosmetic Store
    4 occupants on record

    Location

    401 Locust St Gadsden, AL 35901
    Gadsden metro
    Google Maps

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • $12 SF/Yr
      Mixed-Use Building in Time Square
      Multi-tenant building with office, retail, and warehouse spaces for rent.
      401 Locust Street, Gadsden, AL 35901
      View Details
    • $12 SF/Yr
      6,842 sqft
      Unique Brewpub/Micro-Distillery Retail Opportunity
      Multi-tenant retail/office building with unique spaces for lease.
      415 Locust St, Gadsden, AL 35901
      View Details
    • Contact for pricing
      1,500 sqft
      Retail Development Near Downtown Gadsden
      9,500 SF retail development with one 1,500 SF suite available.
      410 W Meighan Blvd, Gadsden, AL 35901
      View Details
    • Contact for pricing
      1,500 sqft
      Endcap Retail Suite with Drive-Through
      New construction endcap retail suite includes a drive-thru and is offered in 1,500 SF configuration.
      410 W Meighan Blvd, Gadsden, AL 35901
      View Details
    • New
      $3,500/Mo
      4,112 sqft
      Waterfront Medical Office Space
      Waterfront setting with an existing doctor's-office configuration and adaptable professional workspace.
      1406 Rainbow Drive, Gadsden, AL 35901
      View Details
    • New
      $12 SF/Yr
      Downtown Gadsden Office Space
      Office space in downtown Gadsden with ample parking.
      200 Broad Street, Gadsden, AL 35901
      View Details

    Similar Nearby for Sale

    • $1,399,000
      31,850 SF
      Flex Space with Warehouse Roll-Up Door
      Flex space offering warehouse, office, and storage space with public water and ample gravel parking on a large site.
      771 Whites Chapel Road, Gadsden, AL 35901
      View Details
    • $389,900
      3,959 SF
      Mixed-Use Office Building
      Five office spaces share the main level, while an upstairs apartment supports rental income or owner occupancy.
      834 Chestnut Street, Gadsden, AL 35901
      View Details
    • $499,000
      3,852 SF
      Mixed-Use Property with Garages
      Former medical office with an attached apartment and separate garage improvements supporting live-work or flexible occupancy plans.
      410 Bay Street, Gadsden, AL 35901
      View Details
    • New
      $499,000
      3,852 SF
      Mixed-Use Property with Garages
      Former medical office with an attached apartment, flexible interior arrangement, and two separate garages.
      410 Bay Street, Gadsden, AL 35901
      View Details
    • New
      $699,000
      20,292 SF
      Flex Space with Warehouse Access
      Adaptable commercial building combining warehouse capacity, office areas, restrooms, and exterior storage.
      230 4th Street N, Gadsden, AL 35901
      View Details
    • $499,900
      9,696 SF
      Flex Space with 12x12 Roll Door
      Flex office-warehouse with open warehousing, fenced yard for equipment parking, and public utilities.
      1229 Malone Street, Gadsden, AL 35901
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      Mixed-Use Building in Time Square
      Multi-tenant building with office, retail, and warehouse spaces for rent.
      401 Locust Street, Gadsden, AL 35901
      View Details
    • $12 SF/Yr
      6,842 sqft
      Unique Brewpub/Micro-Distillery Retail Opportunity
      Multi-tenant retail/office building with unique spaces for lease.
      415 Locust St, Gadsden, AL 35901
      View Details
    • Contact for pricing
      1,500 sqft
      Retail Development Near Downtown Gadsden
      9,500 SF retail development with one 1,500 SF suite available.
      410 W Meighan Blvd, Gadsden, AL 35901
      View Details
    • Contact for pricing
      1,500 sqft
      Endcap Retail Suite with Drive-Through
      New construction endcap retail suite includes a drive-thru and is offered in 1,500 SF configuration.
      410 W Meighan Blvd, Gadsden, AL 35901
      View Details
    • New
      $3,500/Mo
      4,112 sqft
      Waterfront Medical Office Space
      Waterfront setting with an existing doctor's-office configuration and adaptable professional workspace.
      1406 Rainbow Drive, Gadsden, AL 35901
      View Details
    • New
      $12 SF/Yr
      Downtown Gadsden Office Space
      Office space in downtown Gadsden with ample parking.
      200 Broad Street, Gadsden, AL 35901
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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