602 Moulton W St Decatur, AL 35601-2238
This 2,966 square foot retail storefront, located at 602 Moulton St W in Decatur, Alabama (zip code 35601), presents a compelling investment opportunity. Situated on a 0.17-acre lot at the corner of Moulton St W and 6th Ave NW, near the Gordon Drive/Moulton St intersection, this property enjoys excellent visibility and proximity to the downtown area. Built in 1939, the single-story, Class B brick building previously housed a floral retailer, and includes existing coolers and all necessary utilities. The roof was replaced approximately five years ago. While the front entryway requires repair, the owner is actively addressing this issue through their insurance company. The property is zoned R4 and offers significant potential for a variety of retail uses. The asking price is $110,000, translating to $37.09 per square foot. This owner/user investment opportunity is a rare find in a desirable Decatur location.
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Mary Burke Florist (Bike/Boat/Book/etc) Store Florist
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.