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117 North St E 5,812 SF Vacant Office Building Talladega, AL 35160 $171,815 CAD ($29.56 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Approved RTI plans for multifamily development.
  • Easy access to major freeways and transit hubs.
  • Located in a high-demand residential corridor.
  • Ideal for investor or owner-user acquisition.

EXECUTIVE SUMMARY

Positioned for opportunity, this attractively priced property at $124,900 offers a compelling entry into ownership within a growing market. Whether you're an investor seeking a value-add asset or an owner-user looking to establish a presence, this site presents a rare chance to acquire real estate with strong upside potential. The parcel is ideally suited for redevelopment or adaptive reuse, depending on zoning and entitlements, and its manageable size makes it accessible for a range of buyers.
Surrounded by a mix of residential and commercial uses, the property benefits from steady traffic flow and proximity to key transportation corridors. Its location within a renter-centric demographic zone—with high occupancy rates and strong household income—further enhances its appeal for multifamily or mixed-use development. The area’s connectivity to major freeways, transit hubs, and employment centers ensures long-term viability for tenants or future buyers.
With approved plans or entitlements, this site could be transformed into a vibrant residential or commercial asset. The asking price reflects a strategic opportunity to capitalize on market momentum and neighborhood growth.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Build to Suit
Property Type
Office
Building Size
5,812 SF
Building Class
C
Year Built
1900
Price
$171,815 CAD
Price Per SF
$29.56 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,937 SF
Slab To Slab
10’
Building FAR
0.51
Lot Size
0.26 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Parking
9 Spaces (1.55 Spaces per 1,000 SF Leased)

AMENITIES

  • Fireplace
  • Storage Space
  • High Ceilings
  • Hardwood Floors

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-08-27-1-030-018.000
Land Assessment
$4,681 CAD
Improvements Assessment
$39,737 CAD
Total Assessment
$44,418 CAD
  • Listing ID: 33053478

  • Date on Market: 2024-09-04

  • Last Updated:

  • Address: 117 North St E, Talladega, AL 35160

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