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118 W Commerce St 6,000 SF 100% Leased Retail Building Greenville, AL 36037 $285,000 ($47.50/SF)



INVESTMENT HIGHLIGHTS
- Positioned in the heart of Historic Downtown Greenville
- Strong visibility along W Commerce, the city’s main commercial corridor
- Surrounded by active local businesses and steady pedestrian activity
- Walkable access to shops, cafés, services, and civic buildings
- Close proximity to I-65, providing convenient access to Montgomery and Mobile
EXECUTIVE SUMMARY
Set in the center of Greenville’s historic downtown district, this property presents a rare opportunity to acquire a fully renovated multi-use investment property with strong income potential and timeless architectural character. Built in 1911 and thoughtfully restored, this two-story asset blends turn-of-the-century craftsmanship with modern updates that support both commercial and residential demand in one of Butler County’s most charming and active main-street corridors.
The ground floor features a versatile retail footprint currently utilized as a computer repair shop and an art studio. Large storefront display windows provide strong street presence along W Commerce Street, while a rear access door enhances operational efficiency. High visibility, steady foot traffic, and excellent walkability make the ground-floor space ideal for a range of retail or service-based users.
The upper level is configured with two beautifully finished two-bedroom, two-bath residential units. Each apartment showcases heart pine flooring, exposed antique brick, tall ceilings, modern kitchens, and updated baths. A central hallway provides private access to both units, making them highly desirable for long-term tenants, short-term rentals, or mixed-use owner occupancy. The combination of historic charm and contemporary amenities positions the apartments as premium downtown offerings with strong rental demand.
With its strategic location, appealing mix of uses, and turnkey condition, 118 W Commerce stands out as a compelling opportunity in Greenville’s revitalized and steadily growing core.
The ground floor features a versatile retail footprint currently utilized as a computer repair shop and an art studio. Large storefront display windows provide strong street presence along W Commerce Street, while a rear access door enhances operational efficiency. High visibility, steady foot traffic, and excellent walkability make the ground-floor space ideal for a range of retail or service-based users.
The upper level is configured with two beautifully finished two-bedroom, two-bath residential units. Each apartment showcases heart pine flooring, exposed antique brick, tall ceilings, modern kitchens, and updated baths. A central hallway provides private access to both units, making them highly desirable for long-term tenants, short-term rentals, or mixed-use owner occupancy. The combination of historic charm and contemporary amenities positions the apartments as premium downtown offerings with strong rental demand.
With its strategic location, appealing mix of uses, and turnkey condition, 118 W Commerce stands out as a compelling opportunity in Greenville’s revitalized and steadily growing core.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
B
Year Built
1911
Price
$285,000
Price Per SF
$47.50
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.29
Lot Size
0.11 AC
Opportunity Zone
Yes
Frontage
50’ on Commerce St
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0806231002006000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $50,420 |
PROPERTY TAXES
Parcel Number
0806231002006000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$50,420
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118 W Commerce St
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