65367 Hwy 17 Detroit, AL 35552
This exceptional 1,527 square foot commercial property, located at 65367 Hwy 17 in Detroit, Alabama, presents a unique investment opportunity. Situated on a 0.11-acre lot, this building boasts a rich history as the former First National Bank of Detroit. The property is ideally positioned in downtown Detroit, offering unparalleled visibility and accessibility. The interior retains much of its original banking fixtures and finishes, providing a solid foundation for a variety of commercial ventures. Imagine the possibilities – a modern office space, a unique retail establishment, or even a captivating restaurant. The building's substantial size and prime location offer endless potential for entrepreneurs and investors alike. The asking price is $126,000, representing a compelling value for a property with such historical significance and commercial viability. This is a rare chance to acquire a piece of Detroit's history and shape its future. The property's existing infrastructure and central location minimize upfront investment costs, allowing for a swift and efficient transition to your chosen business model. Don't miss this exceptional opportunity to establish your business in a thriving downtown setting. Contact us today to schedule a viewing and explore the possibilities.
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
No recorded transactions found for this property.
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.