305 4th Ave SW - Bank FOR SALE


Red Bay, AL 35582
$415,000 USD
256-766-0998
305 4th Ave SW, Red Bay, AL for Sale
$415,000 USD
Bank - FOR SALE
1/12
null | Request Cap Rate

305 4th Ave SW
Red Bay, AL 35582


OVERVIEW

Located at a prominent corner in the heart of Red Bay, Alabama, this highly functional commercial property offers outstanding visibility and accessibility. Currently operated as a drive-thru-only bank branch, the site features a well-maintained structure with an efficient layout ideal for financial institutions, pharmacies, quick-service restaurants, or any business requiring a vehicle-centric model. The building includes three drive-thru lanes and a dedicated fourth lane for an ATM, all under a covered canopy, making it a rare turn-key solution for high-volume customer interaction. Sitting on a generous 0.95-acre lot, the property includes 22 off-street parking spaces and benefits from multiple access points along both 4th Avenue SW and 3rd Street SW. Its corner-lot positioning provides excellent visibility and strong signage potential, while the paved lot offers smooth traffic circulation for customers and employees. The existing structure is adaptable for a range of commercial uses, with a footprint that could easily be reconfigured to suit office, medical, or retail needs. Red Bay is supported by a strong industrial base, anchored by major employers like Tiffin Motorhomes, a nationally recognized luxury RV manufacturer headquartered just minutes away. Other key businesses include Sunshine Mills, a leading pet food producer, and Gates Corporation, known for its advanced power transmission products. This economic foundation brings a reliable workforce and consistent demand for retail and service-based businesses, making this site a strong candidate for owner-users or investors seeking a high-utility asset in a stable regional market.

FOR SALE DETAILS

PRICE

$415,000 USD

PRICE/SF

$1,235 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bank Independent

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

-

APN/PARCEL ID

07-04-20-0-003-020.000-0

ASK ABOUT THIS PROPERTY

Justin BishopPounders & AssociatesMore Info
256-766-0998

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Justin BishopPounders & AssociatesMore Info
256-766-0998

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