Share This Listing

Message

941 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Old Towne Helena Portfolio 12 Parcels 10 Properties Offered at $4,000,000 in Multiple Locations

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • **Seller notes that there is vacant land that could be built on and finished out that could potentially double revenue.
  • Home to schools ranging K-12, Helena offers something for families of all ages.
  • Town of Helena has it founding in the 1870s textile manufacturing and was an early Rail Station for L&N line.
  • Old Town Helena is located 3 miles from US Highway 65 connecting the Great Lakes to the Gulf Coast.

EXECUTIVE SUMMARY

An exceptionally unique investment opportunity! The sale includes a large portion of the Historic Old Town Helena. The offering totals 12 parcels of property consisting of almost all the buildings fronting the 4000 block of Helena Road (Old Town). A restaurant, three residential rentals, and vacant lot are all included in the sales price. Currently the portfolio sale has 22 tenants contributing to a well diversified income stream. This is an investors opportunity to not only own a real part of Old Town Helena and its history, but also to have a very diversified rental income portfolio.
The seller has had the vision, at great expense to maintain the original Old Town Helena vibe. This has created the continuous public draw for the area and its businesses. Downtown Helena is a special place that once you have been there, anytime of the year, you always remember how quaint and unique a place it is. Please call Sun Real Estate, Inc today at 334 285 0800 for additional details and possibilities.
**Seller notes that there is vacant land that could be built on and finished out that could potentially double revenue. In the building that has addresses 4040, 4044, 4048 and 4085; there where steel beams put in that could support a second story. The plan was to build 4 apartments above with ground level entrance from above. Also on the opposite side of the street about on third of the block was left undone. Buildings there would be about 8000 sqft feet.**

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Net Operating Income -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Net Operating Income
Annual -

PROPERTY FACTS

Price $4,000,000
Price / SF $200.41 / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 10
Individually For Sale 0
Total Building Size 19,959 SF
Total Land Area 6.10 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
4114 Helena Rd, Birmingham, AL 35201 Retail 1,250 SF - -
4097 Helena Rd, Helena, AL 35080 Office 3,242 SF 1989 -
776 2nd St, Helena, AL 35080 Office 2,250 SF 1978 -
3823 2nd St, Helena, AL 35080 Office 1,080 SF 1980 -
3807 Helena Rd, Helena, AL 35080 Office 767 SF 1980 -
Restaurant in Old Town Helena
4091 Helena Rd, Helena, AL 35080
Retail 4,100 SF 1999 -
4040 Helena Rd, Helena, AL 35080 Retail 3,060 SF 1953 -
4094 Helena Rd, Helena, AL 35080 Retail 1,862 SF 1950 -
29 Lake Davidson Ln, Helena, AL 35080 Retail 1,191 SF 1872 -
4035 Helena Rd, Helena, AL 35080 Retail 1,157 SF 1999 -
Show More > < Show Less
  • Listing ID: 33613639

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: Old Towne Helena Portfolio 12 Parcels, Birmingham, AL

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}