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Downtown Enterprise 218 S Main St 4,328 SF 100% Leased Retail Building Enterprise, AL 36330 $380,000 ($87.80/SF)
Investment Highlights
- Excellent central downtown location
- Many boutiques, cafes and amenities nearby
- Located near the Boll Weevil Monument
- Retail/office space in front with 2,300 SF warehouse in rear
Executive Summary
Excellent central downtown location on Main Street. The existing structure is 4,328 Sq. Ft. with a mix of retail/office space and warehouse (2,300 SF) in the rear, added in 2011. A pre-development package is also offered for this site with significant groundwork already completed for a 2-story mixed-use building. Alternatively, buyers have the flexibility to revise plans or utilize the existing structure as-is or for an alternate project.
Pre-development package offered for a proposed mixed-use building includes:
Architectural plans/development drawings, City approved permits, agreements, tax incentives, easement drafts for 2-way street, 7 off-street parking spaces and underground infrastructure (water, sewer, power lines funded by the city), Surveys, civil engineering work & more.
Pre-development package offered for a proposed mixed-use building includes:
Architectural plans/development drawings, City approved permits, agreements, tax incentives, easement drafts for 2-way street, 7 off-street parking spaces and underground infrastructure (water, sewer, power lines funded by the city), Surveys, civil engineering work & more.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
4,328 SF
Building Class
B
Year Built/Renovated
1935/2011
Price
$380,000
Price Per SF
$87.80
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
B-2 - Commercial
Frontage
100’ on Main Street
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-05-21-2-201-011.000 | Improvements Assessment | $8,406 |
| Land Assessment | $2,500 | Total Assessment | $10,906 |
Property Taxes
Parcel Number
16-05-21-2-201-011.000
Land Assessment
$2,500
Improvements Assessment
$8,406
Total Assessment
$10,906
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Downtown Enterprise | 218 S Main St
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