Lot # 1

4,043 +/- Sq. Ft. Office Building with 4 rental suites in Downtown Fort Payne, Alabama

This tract is located at 1104 Gault Avenue North (US HWY 11) in downtown Fort Payne, Alabama. It consists of a 4,043 +/- sq. ft. office building and a large parking lot with access to 2 streets and 125 +/- ft road frontage on Gault Avenue. The building has 4 rental suites, 2 upstairs (1,138 +/- sq. ft. and 725 +/- sq. ft. totalling 1863 +/- sq. ft.) and 2 downstairs (1,305 +/- sq. ft. and 875 +/- sq. ft. totalling 2180 +/- sq. ft.), but the 2 downstairs are presently rented. One of the downstairs suites has a large common room, 3 smaller rooms, a full size bath, and a laundry room. The smaller upstairs suite is only about 75% finished, providing the buyer with an opportunity to complete as desired. Each suite has its own private entrance and restroom; also, the upstairs has a new central unit. This property is in a prime commercial location, and provides the buyer an opportunity to start a business and/or collect rental income. *All furniture seen in pictures belongs to renter.