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$649,900 total
1,476 SF
Asset Class
Office
Size
1,476 SF
Building class
C
Zoning
CO — Commercial Office
$ / SF
$440
Occupancy
98%
Lot Size
0.15 ac
Rare opportunity in the heart of Downtown Huntsville! Situated within the Central Business District, this beautifully updated property offers exceptional flexibility for both residential living and future commercial possibilities. Whether you're looking for a charming home, a prime location for your business, or a live-work investment, this property delivers.The home has been tastefully updated with modern finishes and features a bright, open-concept living and dining area that creates a warm and inviting atmosphere. Upstairs, unwind in the spa-inspired bathroom complete with a corner Jacuzzi tub and a glass walk-in shower. Outside, the possibilities continue with a detached 12' x 24' insulated shop on a concrete pad with hardwood floors-ideal as a studio, workshop, office, or future business space. A full unfinished basement provides abundant storage and laundry facilities, while the attached carport, backyard shed, stone patio, and fire pit add everyday convenience and outdoor enjoyment. Patio door from dining room where you can BBQ. Parking is never an issue with space for multiple vehicles, plus the added advantage of being directly beside municipal parking and an EV charging station. With Central Business District zoning allowing for a variety of future uses, this is a rare chance to secure a highly visible downtown property with incredible potential. Live, work, invest-or all three-in one of Huntsville's most desirable locations. Ask for list of zoning allowances. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$41K
Annual cash flow
$5K
Cash-on-cash
2.42%
DSCR
1.13
Going-in cap
6.27%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 1,452 SF | 2032-01 |
Trade area within 3 miles of the property.
Population
80,154
Households
34,004
Median income
$122,000
Median age
35.1
Daytime population
79,779
5-yr growth
4.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 14 PRINCESS STREET, Huntsville.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.