1690 Beltline Road #A and B $1,000,000


    1690 Beltline Road #A and B Decatur, AL 35601

    • 6,020 sq. ft.
    • 0.86 Acres
    • Commercial
    • MLS# 1788896
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    Views: 286 Days On Site: 281

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    Property Details

    With new tenant entering (unit B vacated Dec 2021), projected cap at 5.0 with 25% cash-on-cash return based on 20% down. Low overhead, minimal maintenance. $63K+ annual gross rev., approx. $53K NOI. Unit A renting for $4,000/month, 4500 sq.ft. approx., with an escalating 3 year agreement. UNIT A-approx 1520 square feet currently renting for $1,250. Substantial parking. New roof. HVAC recently updated.

    • General Features
      • Zoning Description Business,Commercial
      • Year Built 1992
      • Longitude -87.012168
      • Subdivision Metes And Bounds
      • County Or Parish MORGAN
      • Unit Number A and B
      • New Construction Y/N false
      • Property Sub Type COMMERCIAL
      • Property Condition 26-35 Years
      • Latitude 34.569441
    • Building Features
      • Bathrooms 3
      • Cooling Central Air
      • Cooling Y/N true
      • Exterior Features Curb/Gutters, Irrigation, Lighting, Sidewalks
      • Building Area Total 6020
      • Electric Underground
      • Fencing Partial
      • Foundation Details Concrete Perimeter, Slab
      • Heating Electric
      • Gas None
      • Flooring Carpet, Tile
      • Lot Size Units Acres
      • Lot Size Dimensions 242 x 150 x 160 x 171
      • Lot Size Square Feet 37461.6
      • Living Area Units Square Feet
      • Lot Features High Visibility
      • Lot Size Acres 0.86
      • Lot Size Area 0.86
    • Property Features
      • Road Frontage Type City Street
      • Number Of Buildings 1


    Cathy Pearson

    Cathy Pearson

    Sales Associate


    RE/MAX Platinum



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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $1,000,000
    1/18/2022 6:22:53 PM Price Increased Source: Multiple Listing Service New Value: $1,000,000 11.11%
    1/7/2022 1:31:04 PM Price Increased Source: Multiple Listing Service New Value: $900,000 5.88%
    1/7/2022 1:01:05 PM Price Reduced Source: Multiple Listing Service New Value: $850,000 -19.05%
    12/8/2021 2:46:04 PM Price Reduced Source: Multiple Listing Service New Value: $1,050,000 -12.5%
    8/18/2021 5:16:00 PM New in Database Source: Multiple Listing Service New Value: $1,200,000

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    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.