102 S Main St
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102 S Main St
8,313 SF 100% Leased Retail Building Wetumpka, AL 36092 $580,000 ($70/SF) 5.12% Cap Rate
Investment Highlights
- Down Town Wetumpka
- Exposed Brick Walls
- Business Traffic
Executive Summary
Historical Gem in Downtown Wetumpka!
This former Business, located at 102 Court St. Wetumpka, AL, is a truly unique building with immense potential.
Situated in the Downtown Wetumpka Historic District, this property offers a one-of-a-kind opportunity to own a piece of history while modernizing it to your taste.
This versatile 11,000+ SF space would be perfect for various commercial uses such as a retail storefront, professional office, or showroom. Its outstanding location positions it between downtown Montgomery and Birmingham. Plus, it benefits from being across from the Alabama Elmore County Courthouse Annex.
In addition to its historical charm, the building features a newly installed foam roof in 2019, and the downstairs offices are already framed out, ready to be completed to your needs. This is a fantastic opportunity for redevelopment suitable for retail, medical, or professional office purposes. Don't miss out on this incredible chance to restore and bring new life to this historic building in the heart of downtown Wetumpka. Contact us today to explore the endless possibilities that this property has to offer!
This former Business, located at 102 Court St. Wetumpka, AL, is a truly unique building with immense potential.
Situated in the Downtown Wetumpka Historic District, this property offers a one-of-a-kind opportunity to own a piece of history while modernizing it to your taste.
This versatile 11,000+ SF space would be perfect for various commercial uses such as a retail storefront, professional office, or showroom. Its outstanding location positions it between downtown Montgomery and Birmingham. Plus, it benefits from being across from the Alabama Elmore County Courthouse Annex.
In addition to its historical charm, the building features a newly installed foam roof in 2019, and the downstairs offices are already framed out, ready to be completed to your needs. This is a fantastic opportunity for redevelopment suitable for retail, medical, or professional office purposes. Don't miss out on this incredible chance to restore and bring new life to this historic building in the heart of downtown Wetumpka. Contact us today to explore the endless possibilities that this property has to offer!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
8,313 SF
Building Class
C
Year Built/Renovated
1900/2010
Price
$580,000
Price Per SF
$70
Cap Rate
5.12%
NOI
$29,708
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
14’
Building FAR
0.75
Lot Size
0.26 AC
Zoning
Commercial
Parking
6 Spaces (0.72 Spaces per 1,000 SF Leased)
Frontage
39 FT on Court St
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 17-04-18-3-301-048000-0 | Improvements Assessment | $185,100 |
| Land Assessment | $39,490 | Total Assessment | $224,590 |
PROPERTY TAXES
Parcel Number
17-04-18-3-301-048000-0
Land Assessment
$39,490
Improvements Assessment
$185,100
Total Assessment
$224,590
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102 S Main St
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