Wells Fargo Cullman AL

Office for Sale
Catylist Listing ID: 30587321
Property Subtypes: Institutional
Building Size (RSF): 30,230 SF
Gross Land Area: 49,000 - 50,000 SF
Sale Price: $1,250,000
Unit Price: $41.35 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Building Name: Former Wells Fargo Building
Class of Space: Class B
Sale Terms: Undisclosed, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 3/20/2020

Overview / Comments

The bank has two parcels. The 42,949+/- SF parcel has the bank building. The 7,565 +/- SF parcel contains the parking lot. The building has covered parking and surface level parking parking lot at the back of the building. There is also parking located across 3rd Street SW.

Additional Details

Nearest MSA: Cullman
County: Cullman
Tax ID/APN: 1705152021001000
Highway Access: Highway 31 and I-65, west along Highway 276.
Airports: Birmingham International Airport
Area Description: Cullman is the largest city and county seat of Cullman County. It is located along I-65, about 50 miles north of Birmingham and about 55 miles south of Huntsville. As of the 2010 census it had a population of 14,775, with an estimated population of 15,858 in 2018. The median income for a household in the city was $29,164, and the median income for a family was $41,313.
Total Number of Buildings: 1
Number of Stories: 2
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Approximately 20 onsite parking spaces. There is on street parking along 1st Avenue SW. Additional parking is provided on a lot across 3rd Street SW.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,640 15,074 25,837
Median Age: 38.8 40.08 39.42
Households: 2,747 6,341 10,543


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