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Luverne Hardware

318 N Forest Ave : Luverne, AL 36049

Crenshaw County, Alabama

Shown by Appointment Only

1 Acre
$650,000 USD
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Property Description

Luverne Hardware has been in business for over 50 years. In February 2021, the inside building suffered a fire that has caused the inside portion of the store to be closed since February. The Wood Yard was not touched and still in operation, and has over 4200 Sf. Ft. enclosed with 4 - 18x20 Roll-up Doors, with almost $200,000 inventory of wood, wire, concrete steps, and panels, and with over 1000 sf. ft. of overhang to protect the inventory. It has a fenced area for steps, wire, and other items, and the owner has kept that portion of the hardware store open along with PVC piping and molding.

The main building has over 5,500 Sq. Ft. of space that is heated and cooled with 6 separate rooms. There is a 12x22 tack room, 30x36 show room, 20x110 main supply room where check-out and main entrance is located, 10x94 nail room, and 18x60 paint room. There is a non-heated and cooled 36x65 room with piping and molding that was not touched by the fire, with over $50,000 of inventory. The store's metal roof was installed in 2015, and the new wood yard was added in 2015. Also included is a Nissan 60 Fork Lift.

The current owner operated the store for over 25 years, and has reached retirement age and does not want to reopen the store. All of the wiring and central units have been replaced, along with new painting, some new flooring, new glass and double door entrance. The owner has his financial records he will be glad to share with any serious buyer. Property taxes are $2,997.10 per year.

Property Maps & Attachments

Directions to Property

Location:

Region 6, Crenshaw County. Located in the city limits of Luverne, and only 21 miles west of Troy, 29 miles north of Opp, 25 miles east of Greenville, and 45 miles south of Montgomery.

Access:

318 N Forest Ave., Luverne, Alabama 36049.

Commercial Details

Type : Industrial
9,700 Sq Ft

More Property Details

Has Commercial Building
Covenants / Restrictions
Commercial Zoning
Flat Terrain
Paved Road Access
Electricity Service
Telephone Service
Water Service
Sewer Service
Cell Service
COMMERCIALFLIP ID
284375
MLS / Internal / Other ID
Luverne Hardware
Assessor Parcel Number (APN)
1208332002028000 and 1208332002025000 and 12083320
Posted on COMMERCIALFLIP
29 Days Ago
Last Updated
26 Days Ago
Views
33
Saves
1
Property features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by COMMERCIALFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the seller directly regarding this listing.