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Map
$452,013*
●
Commercial -
Off Market
497 Sutton Bridge Rd
Rainbow City, AL 35906
Studio
6 Baths,
4
Half Baths
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/09/2020
|
|
Loft
|
6 Bath
|
13000 ft²
|
$250,000
Loft
6 Bath
13000 ft²
|
-
-
|
-
|
Dewey Jacobs
TARGET AUCTION AND LAND CO INC
|