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421-429 2nd Ave SW

12,835 SF 47% Leased Retail Building Cullman, AL 35055 £1,227,708 (£96/SF)

Investment Highlights

  • Heavy daytime foot traffic
  • Open floor plan, exposed brick
  • Plenty of natural light

Executive Summary

Large commercial opportunity- 12,835 sq ft of possibilities! High visibility, right across from the courthouse in the heart of downtown Cullman. Newly completed one bedroom loft apartment! Offering modern amenities with a Historic feel, full of character and one-of-a-kind details. Rooms include everything from 16 office spaces, shop area, exam room, waiting rooms, show rooms, secretary areas, conference rooms, and large open spaces. Rooms offer various sizes and shapes- everything from a cozy office space to large open areas for collaboration! Interior brick & natural light add to the charm of this building. Storage areas throughout! Large basement offers several flex spaces! Boasting well-maintained common areas and secure entry- this space is move in ready. This building is a wonderful combination of residential, retail, office and unfinished basement space- room to grow!! The basement features 8,942 square feet and another 759 in the Basement Mezzanine. Walking distance to coffee shops, restaurants, banks and more! Perfectly balanced for a professional working environment with southern charm!

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,835 SF
Building Class
C
Year Built
1945
Price
£1,227,708
Price Per SF
£96
Percent Leased
47%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
9 ft
Building FAR
1.18
Lot Size
0.25 AC
Opportunity Zone
Yes
Parking
12 Spaces (0.93 Spaces per 1,000 SF Leased)
Frontage
135 ft on 2nd SW Ave

Amenities

  • Corner Lot
  • Signalised Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Basement
  • 3,330 SF
  • Light Industrial
  • -
  • Now

3,300 square feet available located in the basement of building. $1200 per month.

  • 1st Floor
  • 160 SF
  • Office
  • -
  • Now

160 square feet also known as the reception area. $300 a month.

  • 425
  • 3,300 SF
  • Retail
  • In-Line
  • Now

Perfect retail space facing highway 31 right in the heart of downtown Cullman! A great front facing store front, plus first floor back office space, and two lower levels for stock. $2,200 a month.

Space Size Space Use Position Available
Basement 3,330 SF Light Industrial - Now
1st Floor 160 SF Office - Now
425 3,300 SF Retail In-Line Now

Basement

Size
3,330 SF
Space Use
Light Industrial
Position
-
Available
Now

1st Floor

Size
160 SF
Space Use
Office
Position
-
Available
Now

425

Size
3,300 SF
Space Use
Retail
Position
In-Line
Available
Now

Basement

Size 3,330 SF
Space Use Light Industrial
Position -
Available Now

3,300 square feet available located in the basement of building. $1200 per month.

1st Floor

Size 160 SF
Space Use Office
Position -
Available Now

160 square feet also known as the reception area. $300 a month.

425

Size 3,300 SF
Space Use Retail
Position In-Line
Available Now

Perfect retail space facing highway 31 right in the heart of downtown Cullman! A great front facing store front, plus first floor back office space, and two lower levels for stock. $2,200 a month.

Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Regions Bank
Rent-A-Center
Taziki's Mediterranean Cafe
Newk's Eatery
Publix
Scooter's Coffee
Buddy's Home Furnishings

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-05-15-2-028-006.000
Land Assessment
£0 (2023)
Improvements Assessment
£0 (2023)
Total Assessment
£97,505 (2023)
  • Listing ID: 32735465

  • Date on Market: 08/08/2024

  • Last Updated:

  • Address: 421-429 2nd Ave SW, Cullman, AL 35055

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