118 W Commerce St - Storefront Retail/Residential FOR SALE


Greenville, AL 36037
$285,000 USD
334-437-2314
118 W Commerce St, Greenville, AL for Sale
$285,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | Request Cap Rate

118 W Commerce St
Greenville, AL 36037


HIGHLIGHTS

  • Positioned in the heart of Historic Downtown Greenville
  • Walkable access to shops, cafés, services, and civic buildings
  • Strong visibility along W Commerce, the city’s main commercial corridor
  • Close proximity to I-65, providing convenient access to Montgomery and Mobile
  • Surrounded by active local businesses and steady pedestrian activity

OVERVIEW

Set in the center of Greenville’s historic downtown district, this property presents a rare opportunity to acquire a fully renovated multi-use investment property with strong income potential and timeless architectural character. Built in 1911 and thoughtfully restored, this two-story asset blends turn-of-the-century craftsmanship with modern updates that support both commercial and residential demand in one of Butler County’s most charming and active main-street corridors. The ground floor features a versatile retail footprint currently utilized as a computer repair shop and an art studio. Large storefront display windows provide strong street presence along W Commerce Street, while a rear access door enhances operational efficiency. High visibility, steady foot traffic, and excellent walkability make the ground-floor space ideal for a range of retail or service-based users. The upper level is configured with two beautifully finished two-bedroom, two-bath residential units. Each apartment showcases heart pine flooring, exposed antique brick, tall ceilings, modern kitchens, and updated baths. A central hallway provides private access to both units, making them highly desirable for long-term tenants, short-term rentals, or mixed-use owner occupancy. The combination of historic charm and contemporary amenities positions the apartments as premium downtown offerings with strong rental demand. With its strategic location, appealing mix of uses, and turnkey condition, 118 W Commerce stands out as a compelling opportunity in Greenville’s revitalized and steadily growing core.

FOR SALE DETAILS

PRICE

$285,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,652 SF

ZONING

-

APN/PARCEL ID

0806231002006000

ASK ABOUT THIS PROPERTY

Glenn CooperFirst Realty of Greenville, IncMore Info
334-437-2314

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Glenn CooperFirst Realty of Greenville, IncMore Info
334-437-2314

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.