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$275,000
Est. payment /mo
2,501 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,501 sqft
Price per Sqft $109
MLS Listing ID 176946
HOA Y/N No
Annual Tax Amount $1,489
Lot Size 0.490 Acres
Acres 0.49
Lot Dimensions Public Records
Property Sub-Type Retail
Property Description
Excellent investment opportunity featuring well-maintained, two-tenant commercial building with established with a pharmacy and fitness center occupants. Both spaces are in good condition and provides rental income with approximately six years left on the existing lease and a 3% annual rent escalation, offering built-in income growth for the new owner.
The Pharmacy is currently leased at $950 per month and has been well maintained. Improvements include attractive LVP flooring and a roof that is approximately 5-6 years old, providing added value and reduced near-term capital expense.
The adjoining fitness center/gym is currently leased at $900 per month and is also in good condition. The space features a distinctive, red-painted interior suited to its current fitness use.
The Pharmacy is currently leased at $950 per month and has been well maintained. Improvements include attractive LVP flooring and a roof that is approximately 5-6 years old, providing added value and reduced near-term capital expense.
The adjoining fitness center/gym is currently leased at $900 per month and is also in good condition. The space features a distinctive, red-painted interior suited to its current fitness use.
Location
State AL
County Tuscaloosa
Area (10) East Tuscaloosa County
Direction From University Blvd, turn left onto Hwy 216. Go approx. 10 miles and property will be on the left across from Brookwood Elementary School.
Interior
Fireplace No
Others
Tax ID 2309310001005032
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Listed by HAMNER REAL ESTATE
NEARBY SCHOOL & BUSINESS
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