3621 Winchester Rd - Retail FOR SALE


New Market, AL 35761
$1,500,000 USD
256-797-2376
3621 Winchester Rd, New Market, AL for Sale
$1,500,000 USD
Retail - FOR SALE
1/10
null | Request Cap Rate

3621 Winchester Rd
New Market, AL 35761


HIGHLIGHTS

  • INCOME PRODUCING REAL ESTATE WITH DEVELOPMENT OPPORTUNITY
  • 8 acres of cleared Land - Perfect for subdivision
  • Coded entry and exit access for controlled building security
  • Layout designed for multi-resident care operations -Integrated alarm system for resident safety and monitoring -emergency alarm pull cord & sprinkler
  • Additional buildings suitable for staff housing, offices, or program space Large commercial-style kitchen with double ovens and island
  • Large commercial-style kitchen with double ovens and island -Covered outdoor porch for resident recreation and activities

OVERVIEW

Exceptional 10-Acre Multi-Use Property with Established Buildings and Development Potential This rare and highly versatile 10-acre property offers a unique opportunity for investors, developers, or business owners seeking space, flexibility, and future growth potential. Previously operated as an assisted living facility, the property is well-suited for a wide range of residential or commercial uses including a group home, assisted living facility, private school, retreat center, event venue, or residential estate. The property features a 4,200+ square foot main building thoughtfully designed for multi-room occupancy. It includes 9 bedrooms, 6 bathrooms, spacious dining areas, laminate flooring, a fireplace, and a large kitchen equipped with double ovens and an island, providing both functionality and comfort. A large covered back porch offers additional gathering space and outdoor enjoyment. In addition to the main structure, the property includes a 750 square foot apartment with 1 bedroom, a family room, full kitchen, and bathroom, ideal for on-site management, guest accommodations, or rental income. A 1,500 square foot multi-purpose metal building provides additional flexibility for storage, workshops, offices, classrooms, or business operations. All buildings are equipped with kitchens and bathrooms, enhancing usability across many potential applications. Beyond the existing structures, approximately 8 acres of open land provide outstanding development potential, making it an excellent candidate for future subdivision, expansion, or additional residential or commercial projects. Whether you are looking to establish a business, expand a care facility, create a residential community, or invest in a property with significant land value, this exceptional property offers endless possibilities in a single, turnkey opportunity.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Day Care Center, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10 AC

LAND SF

435,600 SF

ZONING

No zoning

APN/PARCEL ID

09-04-19-2-000-056.000

ASK ABOUT THIS PROPERTY

Vanessa BlackwellOne Key RealtyMore Info
256-797-2376

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Vanessa BlackwellOne Key RealtyMore Info
256-797-2376

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