SOLD Commercial RE on CarProperty.com

Value-Added Garage and Mechanic Shop Building for sale at auction

This ad is marked as Sold

Description:


SOLD, SOLD, SOLD




Starting Bid $100,000
Bidding Opens: Sep 13, 2022 09:00 AM
Bidding Ends: Sep 15, 2022 09:00 AM


Signalized Intersection High Traffic Count
18 East 11th Street - Anniston, AL 36201

Asset Snapshot
Asset Type: Real Estate
Property Type: Retail
Land Area: 0.36 Acres
Year Built: 1972
Number of Floors: 1
Occupancy: 0% Occupancy as of June 17, 2022
Retail Type: Freestanding Retail
Anchor: No
Property Size:7,875 Sq Ft

East 11th Street (±14,818 VPD), Alabama Highway 202 (±13,849 VPD), Quintard Avenue (±38,490 VPD)
Investment Highlights
High visibility corner lot placement at a signalized intersection with ±14,818 vehicles per day (VPD)
Convenient accessibility through Quintard Avenue (±38,490 VPD) and Alabama Highway 202 (±13,849 VPD)
Central location in Downtown Anniston with a host of national & local retailers, public service facilities, and healthcare establishments
Flexible investment strategy through a owner-operator approach or lease-up to prospective tenants to maximize investment returns

Offering Details
Matthews Real Estate Investment Services and RI Marketplace are pleased to present this Value-Add Retail Signalized Intersection High Traffic Count (the "Property"), a 7,875 SF freestanding retail opportunity located in the heart of Anniston, Alabama. The Property features an excellent corner lot placement at a signalized intersection with ±14,818 VPD through the immediate road and offers ease of accessibility through Quintard Avenue (±38,490 VPD) and Alabama Highway 202 (±13,849 VPD) based on information provided by the Alabama Department of Transportation (ALDOT). In addition, the Property is within close vicinity to a host of retailers (CVS, Walgreens), public service facilities (Circuit Court, Social Security Administration), and healthcare establishments (Regional Medical Center, Noland Hospital). Previously operated as a Bridgestone automobile parts manufacturing and servicing facility, the Property provides opportunistic investors with the ability to pursue an owner-operator strategy or lease-up for long-term cash flow in its current condition.

Investment Sales Broker:
Kyle Matthews
Matthews Real Estate Investment Services

AL License: 110253

(615) 667-0157
(615) 483-3480
alabama.listings@matthews.com

Members profile:


Advertised by: Kyle Matthews (click here to see full profile)
Email: Email Advertiser

Ad Details


Property is Sold
Auto Use Allowed Yes
Garage Spaces (put 0 if this does not apply) 10.00
Price Info SOLD, SOLD, SOLD
Price $0 USD
Property Types Retail, Vehicle Related
Land Types Retail

Use & Status


Best Property Use This property is best suited for an owner and user, Vacant, This is an investment property
Construction Status: Existing Structures

For Sale at Auction


Auction Sale? Yes
Type of Auction Retail Auction (not Foreclosed Properties), Internet Auction, Minimum Bid Amount Required
Auction Date Sep 13, 2022
Auction Time 09:00 AM
Auction Website https://rimarketplace.com/auction/1236/value-add-garage-mechanic-si...

Website


Website https://rimarketplace.com/auction/1236/value-add-garage-mechanic-si...

Location


Address 18 East 11th Street
City Anniston
State AL
Postal Code 36201
Country USA

Call Me!


Phone (615) 667-0157
Cell Phone (615) 483-3480
Ad id: 19854181
Region:
Ad views: 349