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4 Beds
3 Baths
1,288 sqft

$575,000

12601 Highway 43, Grove Hill AL, 36451

Price per sqft$446.43
Built in1929
Property size1,288 sqft
Property typeResidential

Overview

Active

Updated 2 weeks ago

Properties like this almost never hit the market. Whether you are searching for an income-producing property, multi-family setup, business opportunity, commercial investment, or your own private homestead with room to grow - this one truly checks every box. Situated on 4.24 flat, usable acres with an impressive 592.28 feet of Highway 43 frontage, this property offers incredible visibility from both northbound and southbound traffic and endless possibilities for residential, commercial, or mixed-use purposes. At the heart of the property is the charming "Nana's Cottage," a precious 1929 home full of warmth, character, and Southern charm. Currently operating as a successful Airbnb income-producing property, this cozy cottage offers approximately 1,288 square feet with 2 bedrooms and 1 full bathroom. Inside, you'll find a welcoming living room, dining room, kitchen, and laundry room with the kind of comfortable, nostalgic feel that instantly makes you feel at home. The home features: • Southern front porch with beautiful landscaping • Sidewalk leading to the circular driveway • Covered back patio perfect for relaxing • Central heating & cooling • 30-year architectural shingle roof approximately 14 years old • Flooring throughout approximately 5 years old, with bedroom and dining room flooring only 1 year old • Kitchen appliances plus washer & dryer all convey The second building offers incredible flexibility and value. This structure includes a 2 bedroom, 2 bathroom apartment connected to a two-car garage setup. The apartment features luxury vinyl plank flooring only 2 years old, a metal roof approximately 5 years old, covered back porch, and all kitchen appliances plus washer & dryer convey as well. Connected to the apartment is an additional double garage area currently being used as a game room complete with a wood-burning heater, creating even more functional space for entertaining, hobbies, storage, or future expansion. The property also includes a dedicated office space with a covered front porch currently operating as a Cotton State Barns sales office. The current owner has an existing lease agreement with Cotton State Barns that may potentially transfer to the new owner, creating another unique income-producing opportunity. And it gets even better... There is also a massive 40x80 metal shop with 14-foot ceilings and power - ideal for equipment storage, business operations, workshops, inventory, RV storage, or countless other uses. This property is truly one of those rare "unicorn" opportunities where the possibilities are endless: ️ Airbnb income ️ Commercial investment ️ Multi-family living ️ Home-based business ️ Office space ️ Workshop/storage ️ Highway frontage exposure ️ Residential or commercial potential ️ Income-producing opportunities already in place Properties offering this much versatility, acreage, highway frontage, and income potential are incredibly hard to find - especially in such a prime location on Highway 43.

$3,825/mo

Est. mortgage payment based on a $575,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
11739692

Interior Features

Bedrooms
4
Bathrooms
3
Basement
No

Exterior Features

Lot Size
4.24 Acres

Other Property Details

Taxes
$1,096
Tax Frequency
Annually
Garage
Yes

Courtesy of Village Properties with ,
Listing Contact:  

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