1193 Co Rd 141, Flat Rock, AL 35966

Commercial property for lease

• Description
• Located at the southeast corner of Highway 75 and CR 141. Formerly known as Cartersville Place. Motivated Seller for a partially leased building. Building has all three apartment units on the top floor leased at $350 for one and two at $400, generating $1,150 per month in income. The $350 per month lease collects the rent and sends it to the owner. The top floor is individually metered for electricity and water. Heating and cooling is provided by window 18,000 btu heat pumps. The bottom floor is vacant. The north side of the bottom floor was a former three bedroom, one bath unit and could be brought back into rentable shape. The remaining terrace level space was formerly retail/restaurant, could be leased as retail or potentially be converted to residential rental. Currently, the bottom floor is on one electric and one water meter. Possible lease/option to purchase for a retail tenant on the bottom floor. Building price details: $95,000.
• Exterior Features

• Parking Type:

  Surface

• Contact info
• Edward L Holmes

  Re/Max Real Estate Center
• Note

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