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INVESTMENT HIGHLIGHTS
- INTERSTATE ACCESS
- LIVE/WORK APT LIVING (1,500SQ FT APT UPSTAIRS)
- Upstairs Apartment has rear entrance for private use
- OPEN FLOOR PLAN
- Roll up doors for easy vendor access.
EXECUTIVE SUMMARY
Discover an Exceptional Business Opportunity in Rural Hamilton Alabama, where Favorable Tax Rates, friendly locals, and a growing town create an Ideal Environment for Your Venture. This remarkable property spans 7,900 square feet and rests on a substantial 1.5-acre lot. While situated within city limits, it retains the zoning designation of county limits, opening up a world of possibilities for potential investors. ??
Envision transforming this versatile space into a thriving restaurant, an exclusive dinner club, a bustling comedy club, or a sought-after private venue for events. Alternatively, consider converting it into student dormitories or apartments to cater to the nearby Ramp University. The opportunities are truly limitless.
Furthermore, this property presents an exceptional opportunity for live-work arrangements. The spacious 1,500-square-foot apartment upstairs can serve as owner-occupied living quarters or comfortable accommodations for management personnel.
The property features two designated offices, separate his-and-her bathrooms downstairs, a welcoming sitting/lounge area, a reception area, and a versatile sitting or showroom space. Convenient roll-up doors facilitate seamless access for vendors, enhancing the property's functionality.
Originally constructed by a local builder, this building exudes character and charm. It once housed a cabinet shop on one side and a home interior store on the other, showcasing its adaptability and potential for diverse uses.
While the kitchen appliances, including the walk-in refrigerator/freezer, have been removed, the drain remains on-site, providing a convenient starting point for culinary endeavors.
With its strategic location near I-22, this property offers excellent accessibility and visibility, ensuring a steady flow of customers or guests.
Seize this exceptional opportunity to establish your business in a thriving rural community and unlock the boundless potential of this versatile property.
**LOCATION**
1850 County Highway 35
HAMILTON AL 35570
List Price $369,900 THAT'S $46 SQFT ??
Envision transforming this versatile space into a thriving restaurant, an exclusive dinner club, a bustling comedy club, or a sought-after private venue for events. Alternatively, consider converting it into student dormitories or apartments to cater to the nearby Ramp University. The opportunities are truly limitless.
Furthermore, this property presents an exceptional opportunity for live-work arrangements. The spacious 1,500-square-foot apartment upstairs can serve as owner-occupied living quarters or comfortable accommodations for management personnel.
The property features two designated offices, separate his-and-her bathrooms downstairs, a welcoming sitting/lounge area, a reception area, and a versatile sitting or showroom space. Convenient roll-up doors facilitate seamless access for vendors, enhancing the property's functionality.
Originally constructed by a local builder, this building exudes character and charm. It once housed a cabinet shop on one side and a home interior store on the other, showcasing its adaptability and potential for diverse uses.
While the kitchen appliances, including the walk-in refrigerator/freezer, have been removed, the drain remains on-site, providing a convenient starting point for culinary endeavors.
With its strategic location near I-22, this property offers excellent accessibility and visibility, ensuring a steady flow of customers or guests.
Seize this exceptional opportunity to establish your business in a thriving rural community and unlock the boundless potential of this versatile property.
**LOCATION**
1850 County Highway 35
HAMILTON AL 35570
List Price $369,900 THAT'S $46 SQFT ??
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$909
|
$0.12
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$909
|
$0.12
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Taxes | |
|---|---|
| Annual | $909 |
| Annual Per SF | $0.12 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $909 |
| Annual Per SF | $0.12 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Building in Shell Condition
Property Type
Building Size
7,900 SF
Building Class
C
Year Built/Renovated
1997/2021
Price
$369,900
Price Per SF
$46.82
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.12
Lot Size
1.50 AC
Opportunity Zone
Yes
Zoning
NONE - SPECIAL CONCESSIONS ZONED IN COUNTY.
TALL COMMERCIAL SIGN AVAILABLE FOR YOUR USE.
Parking
30 Spaces (3.8 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 16-05-21-0-000-010-0080 | Total Assessment | $46,040 (2024) |
| Land Assessment | $1,480 (2024) | Annual Taxes | $909 ($0.12/SF) |
| Improvements Assessment | $44,560 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
16-05-21-0-000-010-0080
Land Assessment
$1,480 (2024)
Improvements Assessment
$44,560 (2024)
Total Assessment
$46,040 (2024)
Annual Taxes
$909 ($0.12/SF)
Tax Year
2025
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Hamilton, AL 35570
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