110 E Bridge St
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110 E Bridge St
3,092 SF 100% Leased Retail Building Wetumpka, AL 36092 $899,000 ($291/SF) 4.04% Cap Rate
Investment Highlights
- Home of Restoration Coffee House
- Desirable Downtown Wetumpka
- Beautiful Architectural Details
Executive Summary
This beautiful historic building is in the heart of downtown Wetumpka. It was renovated in 2022- keeping true to the original architectural designs, it boasts black and white penny round tile, a copper ceiling and reclaimed wood from the original building throughout.
Currently the home of Restoration Coffee
Featured on HGTV!
Third floor has large office space with restroom and bar area
Upstairs has all new windows
This charming historic building was built in 1896- boasting beautiful copper ceilings, granite accents and showcasing timeless architectural character
Prime location in the heart of Wetumpka! Enjoy local favorites like The Copper House Deli, The Coosa Cleaver, Coach's Corner, Grumpy Dog, Frios Gourmet Pops & More!
Stubbed for an elevator
Bright and airy interior with ample natural light
The original bank vault still exist in the basement
Stairs are from the beloved "Hotel Tallassee“
±0.2 Miles to Gold Star Park- With stunning views of the Coosa River and multiple lighted walking paths
±9.5 Miles to Montgomery & ±14 Miles to I-85
Current owner is occupying the building and is willing to stay and lease ~63% of the building, or they would be willing to sell and leave the building, leaving the new owner the full space.
Currently the home of Restoration Coffee
Featured on HGTV!
Third floor has large office space with restroom and bar area
Upstairs has all new windows
This charming historic building was built in 1896- boasting beautiful copper ceilings, granite accents and showcasing timeless architectural character
Prime location in the heart of Wetumpka! Enjoy local favorites like The Copper House Deli, The Coosa Cleaver, Coach's Corner, Grumpy Dog, Frios Gourmet Pops & More!
Stubbed for an elevator
Bright and airy interior with ample natural light
The original bank vault still exist in the basement
Stairs are from the beloved "Hotel Tallassee“
±0.2 Miles to Gold Star Park- With stunning views of the Coosa River and multiple lighted walking paths
±9.5 Miles to Montgomery & ±14 Miles to I-85
Current owner is occupying the building and is willing to stay and lease ~63% of the building, or they would be willing to sell and leave the building, leaving the new owner the full space.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
3,092 SF
Building Class
B
Year Built/Renovated
1896/2022
Price
$899,000
Price Per SF
$291
Cap Rate
4.04%
NOI
$36,320
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.32
Land Acres
0.22 AC
-
Gene Cody, CCIM, SIOR -
Moore Company Realty, Inc.
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