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Investment Highlights

  • Downton Anniston on primary Noble Street that hosts festivals, community events, and parades.
  • Walking distance to restaurants, retail establishments and bars.
  • New roof and hvac units.
  • Located within the entertainment district of Anniston.
  • Great space for an airbnb in the loft apartment.

Executive Summary

Own a piece of history with this beautifully updated 1890s three-story commercial building situated in the heart of Anniston’s revitalizing downtown district. This mixed-use property blends timeless character with modern upgrades, offering both investment potential and unique lifestyle appeal.
The street-level space welcomes visitors with a reception area, kitchenette, restroom, and multiple rooms currently leased to a salon, providing immediate rental income. The basement enhances functionality with private garage access, an automatic opener, and ample storage.
The top-floor loft is a true highlight, featuring tongue-and-groove ceilings, a skylight, decorative fireplace, and solid-core doors throughout. A gourmet kitchen anchors the space with a stone-surround island accommodating eight, complemented by stone backsplash, pantry, and an appliance package that includes a new dishwasher and wine cooler hookup. The layout boasts two bedrooms, two luxury baths with tiled showers and heated floors, generous closet space, and a laundry area with washer and dryer. Additional flex space and a half bath offer added versatility.
Recent upgrades underscore value and longevity: a 60-mil TPO roof installed in 2025 and three HVAC units less than a year old. Details such as exposed brick walls, stunning wood staircases, and elegant arched doorways deliver a distinctive character that’s hard to find. Within walking distance to entertainment, dining, festivals, and outdoor activities, this property is primed for a savvy mixed-use investor or Airbnb operator. Loft conveys mostly furnished for added convenience.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,486 SF
Building Class
C
Year Built
1900
Price
$615,000
Price Per SF
$112.10
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
12’
Building FAR
1.83
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
UC-1 - The intent of UC1 is to create a walkable mix of uses to enhance the downtown area as a whole.
Parking
2 Spaces (0.32 Spaces per 1,000 SF Leased)
Frontage
23’ on Noble Street

Amenities

  • Signage
  • Skylights
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Hair & Co
  • Services
  • -
  • -
  • -
  • James, Rod
  • Finance and Insurance
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • -
  • -

State Farm began in 1922 as a mutual auto insurer founded by George J. Mecherle, who wanted pricing based on drivers' actual risk rather than broad categories. Over time, the company expanded beyond auto coverage into homeowners, renters, farm and ranch, life, health, disability, liability, and business insurance. State Farm also offers financial services, including banking through an alliance with U.S. Bank and investment products such as mutual funds and advisory services. The business now serves a broad customer base through a large agent network and manages insurance and financial service products across a wide range of policies and accounts.

  • Tammie Shaddix-State Farm Insurance Agent
  • Finance and Insurance
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Hair & Co Services - - -
James, Rod Finance and Insurance - - -
Finance and Insurance - - -
Tammie Shaddix-State Farm Insurance Agent Finance and Insurance - - -
Moderately walkable
60/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Nearby Major Retailers

Regions Bank
Wells Fargo Home Mortgage
Truist
Southern States Bank
Waffle House
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
21-03-07-1-001-010.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$54,280
  • Listing ID: 38001486

  • Date on Market: 10/8/2025

  • Last Updated:

  • Address: 1012 Noble St, Anniston, AL 36201

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