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Listed price in listed location currency (USD).
$1,200,000

000

MLS® 164861

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 4630 sqft
Garage No
HOA Fees 
Taxes $3,470
Days Active 465
Approx. Age 1887
Avg. Price Per Sqft $259
MLS® Number 164861

Property Address: 2711 6th St, Tuscaloosa, AL, 35401-1705

Average square foot calculated using Size range provided by listing agent.

Description

Investment property. Zoned Downtown District. Estimated first year bonus depreciation (not intended for reliance and subject to buyer's advice from its own tax professionals) is $240, 000. Tenant is South Oak Title, a regional credit tenant with offices in multiple SE states. Five year lease commenced 8/23/24, with one five-year renewal option. NNN. Annual rent increases, with $5, 500 per month starting 9/1/25. IRR almost 8% with realistic disposition sales price at end of Year 5 and 5% sales costs. Contact listing agent for NDA, lease synopsis and relevant zoning ordinances. Full lease available for review with signed contract. Do not contact tenant.
MLS® Number164861
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1887
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 20, 2024List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
2711 6 Th St, Tuscaloosa, AL

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