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601 Tuscaloosa Ave
Gadsden, AL 35901

$19,990,000 USD

Warehouse For Sale  •  408,000 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 408,000 SF
  • Lot Size 17 AC
  • Building Class C
  • Year Built 1952
  • Tenancy Multiple
  • Zoning Industrial
0 Transit Score
34 Walk Score

Highlights

• Borders Tennessee (North) & Georgia (East) • 5.5 hrs / 365 miles to Port of Savannah | 3.5 hrs / / 295 miles to Port of Mobile
• The facility recently upgraded for using storage by big logistics company.
• Strategic buyers already showing interest, including Thyssenkrupp and TAKKION
• Active tenant lease: Solar logistics company, $0.34/sf/month ($4.08/sf/year), Cap rate 8.33%
• Owner to provide flexible owner-financed purchase options, 30% down payment with remaining financed 70% at 4.5% fixed annual interest, for 25 years
• or Qualified buyers may access pre-arranged with up to 75% LTV , fixed rates in the mid-6% range, no balloon payment, and targeted 45–60 day closing

Amenities

  • Fenced Lot

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 70
Type: Surface
Included in Rent: Yes
Shu Li 714-618-3223 Siares Property LLC
Shu Li 714-618-3223 Siares Property LLC