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313 2nd St NW

4,620 SF Vacant Retail Building Arab, AL 35016 £254,296 (£55/SF)

Investment Highlights

  • Renovated in 2015,
  • Building was once a post office

Executive Summary

Numerous possibilities in downtown Arab, Alabama. Renovated in 2015, this building was once a post office. It has 4,600 sq. ft. of space, a covered loading dock/patio area in back. Fully furnished with executive offices, 28 computer work stations in 7 cubicles and several flex rooms. A huge conference room seats 44 people with tables and chairs, built-in projection screen, adjoining kitchenette. Fully furnished and up to 12 office spaces. Paved on-site parking in front, beside and behind building.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,620 SF
Building Class
C
Year Built
1968
Price
£254,296
Price Per SF
£55
Percent Leased
Vacant
Number of Floors
1
Loading Docks
2 Exterior
Building FAR
0.17
Lot Size
0.63 AC
Zoning
C1 - General Business
Parking
35 Spaces (7.57 Spaces per 1,000 SF Leased)
Frontage
87 ft on 2nd steet

Amenities

  • Signage
  • Air Conditioning

Nearby Major Retailers

FOODLAND
Cadence Bank
Huddle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
130623-4-004-015000
Land Assessment
£5,149
Improvements Assessment
£38,497
Total Assessment
£43,645
  • Listing ID: 27213733

  • Date on Market: 30/11/2022

  • Last Updated:

  • Address: 313 2nd St NW, Arab, AL 35016

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