See Home Value
Rainbow City 35906
497 Sutton Bridge Rd
$452,013*
Commercial - Off Market

497 Sutton Bridge Rd

Rainbow City, AL 35906
bedrooms
Studio
bathrooms
6 Baths, 4 Half Baths
square feet
13000 Sqft
$297,000 - $363,000
Reference Base Price*
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Buy Now: $330,000 - Tax Value: $443,900! Prime Commercial Building on Sutton Bridge Road in Rainbow City (Gadsden), AL  just off Rainbow Drive / US 411. Great opportunity to own this property with three leasable units  • Situated on 0.7± Acres  • 12,850± SF on ground level  • 10,000± SF of upper-level Storage Space  • 2 Kitchens  • Ample Parking  • Excellent Rental History (presently vacant as of March 1st, 2020)  • Wired for Security System  • Flex Space  • Roof - 5± Years  • HVAC - 7 Units (5 years or newer)  • Each Unit Separately Metered for Power and Gas  • Firewalls between the Units (except at door openings)  Unit A 5,600± SF  • Full Kitchen  • 2 Bathrooms  • 4 Private Offices  • 4 HVAC Units  • Rear Entrance  Unit B 3,200± SF  • 1 Bathroom  • 2 Private Offices  • Conference Room/Executive Office  • 2 HVAC Units  • Rear Entrance  • Indoor Loading Area to Attic Storage Space by Stairway & Bay Door  Unit C 4,050± SF  • Full Kitchen with Break Area  • 1 Bathroom  • 2 Small Private Offices  • 21 Cubicles  • 1 HVAC Unit  • Side Entrance  • Indoor Loading Area to Attic Storage Space by Stairway & Bay Door. *** TERMS: This is a cash sale with 10% down and the remaining balance due at closing within 30 days. Broker Compensation: 2% Buyer Broker Participation. Please see the Broker Compensation Form under this property's Documents tab.  Property Previews: BY APPOINTMENT ONLY.  Brokers Welcome.  DJacobs, ALAU# 5060.

The manager has listed the unit size as 13000 square feet.
Unit Size
13,000Ft²
Days on Market
-
Land Size
1.12 acres
Price per sqft
$25
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1988

Price History

Date / Event Date Event Price
Aug 1, 2020 No longer available -
No longer available
May 2, 2020 Price Increased $330,000
↑ $135K (69.2%)
Price Increased
Apr 9, 2020 Price Decreased $195,000
↓ $55K (22%)
Price Decreased
Mar 9, 2020 Listed $250,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200309
03/09/2020
Loft
6 Bath
13000 ft²
$250,000
bedrooms
Loft
bathrooms
6 Bath
square feet
13000 ft²
-
-
-
Dewey Jacobs
TARGET AUCTION AND LAND CO INC

Building Info

497 Sutton Bridge Road 497 Sutton Bridge Road, Rainbow City, AL 35906
More about this Building
497 Sutton Bridge Road
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