45 N Forest Ave
Luverne, AL 36049
Luverne Hardware · Retail Property For Sale

Luverne Hardware has been in business for over 50 years. In February 2021, the inside building suffered a fire that has caused the inside portion of the store to be closed since February. The Wood Yard was not touched and still in operation, and has over 4200 Sf. Ft. enclosed with 4 – 18x20 Roll-up Doors, with almost $200,000 inventory of wood, wire, concrete steps, and panels, and with over 1000 sf. ft. of overhang to protect the inventory. It has a fenced area for steps, wire, and other items, and the owner has kept that portion of the hardware store open along with PVC piping and molding. The main building has over 5,500 Sq. Ft. of space that is heated and cooled with 6 separate rooms. There is a 12x22 tack room, 30x36 show room, 20x110 main supply room where check-out and main entrance is located, 10x94 nail room, and 18x60 paint room. There is a non-heated and cooled 36x65 room with piping and molding that was not touched by the fire, with over $50,000 of inventory. The store’s metal roof was installed in 2015, and the new wood yard was added in 2015. Also included is a Nissan 60 Fork Lift. The current owner operated the store for over 25 years, and has reached retirement age and does not want to reopen the store. All of the wiring and central units have been replaced, along with new painting, some new flooring, new glass and double door entrance. The owner has his financial records he will be glad to share with any serious buyer. Property taxes are $2,997.10 per year.