534 Walnut St Gadsden, AL 35901
For Sale
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This exceptional, fully renovated brick building at 534 Walnut Street in the heart of Gadsden, Alabama, presents a unique investment opportunity. Boasting a total of 7500 square feet across two floors, this property offers unparalleled versatility. The ground floor encompasses three large rooms, four to five smaller offices, a full kitchen, and two bathrooms, making it perfectly suited for a variety of uses, including retail, office space, or a collaborative workspace. The layout is designed for efficiency and flexibility, with three convenient entrances/exits for ease of access and potential multi-tenant occupancy. Upstairs, a completely renovated 3750 square feet mirrors the downstairs layout's versatility. The expansive open space, complemented by exposed brick and modern finishes, creates an ideal setting for events, photography studios, or a contemporary office environment. Situated on a 0.21-acre lot, this property benefits from its prime location in a bustling downtown area, ensuring high visibility and foot traffic. The blend of historic character and modern amenities makes this a truly remarkable property, ready for immediate occupancy and poised for significant return on investment. The asking price is $850,000.
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The DSDW Gadsden Building Supply Hardware & Home Improvement
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
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.