218 N Court St - Storefront Retail/Office FOR SALE


Florence, AL 35630- Downtown Florence
$1,800,000 USD
256-627-4578
218 N Court St, Florence, AL for Sale
$1,800,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | 5.66% Cap Rate

Jan '26


218 N Court St
Florence, AL 35630
Downtown Florence


HIGHLIGHTS

  • Site is considered a good retail / commercial in terms of its location, exposure, & access to employment, education and shopping centers, location
  • Overall, the subject has a functional design considering the site and building configurations.
  • Sprinkler system and alarm

OVERVIEW

The subject property has a multi-tenant design that is currently partially owner-occupied, and has a current occupancy level of 100.0%, which is above the stabilized occupancy level estimate of 96.0% that was developed in this appraisal. The entire downstairs of the subject (7,012 SF) is occupied by the owner, while the 2nd floor (2,392 SF) is occupied by a third party tenant.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

5.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1918

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

Central Business District

APN/PARCEL ID

24-02-10-4-008-031.001

ASK ABOUT THIS PROPERTY

Linda GistBurdine and GistMore Info
256-627-4578

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Linda GistBurdine and GistMore Info
256-627-4578

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