Trendy Downtown Building! SELLER'S RETIRING! 111 W Ridgeley St 3,848 SF Retail Building Atmore, AL 36502 $418,776 CAD ($108.83 CAD/SF) 1.80% Cap Rate

Atmore, AL - Versatile 4800+ sqft Retail Space/Shop in UPTRENDING AREA downtown! You won't want to miss out on an opportunity like this!
Seize this exceptional chance to own a versatile retail space located on the highly sought-after Ridgeley Street in the heart of Atmore's vibrant Downtown Business District. This property is perfectly positioned to benefit from the area's rich history and the city's ongoing economic growth initiatives.
Key Features:
Strategic Location: Nestled in Historic Downtown Atmore, this property enjoys substantial foot traffic and is surrounded by a variety of thriving businesses, enhancing its appeal to potential customers. There are about 10 businesses and the local chamber of commerce in a 100ft radius of this property.
Spacious Interior: The retail space is 3848 sqft with 1 private office and 2 bathrooms. The expansive open floor plan accommodates diverse business ventures, including restaurants, retail shops, or entertainment venues. The interior features paneled walls, vinyl flooring, and fluorescent lighting, with complete heating and cooling systems in place. There's also 688 sqft of storage space and a 300 sqft space that was previously rented, both in the back.
Recent Upgrades: A newly installed roof and updated flooring ensure the property is well-maintained and ready for immediate use.
Zoning: Situated within the DBD-Downtown Business District, the property is zoned for uses that contribute to a lively commercial and retail environment suitable for restaurants and family friendly entertainment [see zoning in documents]. Check with the local zoning authorities to for all zoning/permitting inquiries and verify all zoning information.
Economic Highlights:
Atmore is experiencing significant economic development, attracting new businesses and residents alike. The city's proactive approach includes expanding the 150-acre Industrial Park and enhancing the Rivercane development, fostering a business-friendly environment [ATMORE AREA CHAMBER OF COMMERCE].
Additionally, local organizations such as Main Street Atmore are dedicated to revitalizing downtown, focusing on beautification and community pride initiatives that enhance the area's appeal [SMART GROWTH AMERICA].
Don't Miss Out!
This property offers a unique blend of historic charm and modern amenities in a flourishing downtown setting. Call today to see for yourself the potential this space holds for your business endeavors.

LoopNet ID: 27670248