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The Luther Hendrix Property
High Traffic Commercial Property
Near Interstate 59
ADA Compliant House 1.3 Acres
512 West Grand Avenue
Rainbow City, Alabama

Auction Date: Saturday, June 1, 2024 10:00AM

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Here’s a great opportunity to purchase a nice piece of commercial property in Etowah County, Alabama, conveniently located near Interstate 59 in Rainbow City just outside of Gadsden.

On Saturday, June 1st, at 10:00 AM, Auctions United and Clokey Realty will be selling The Luther Hendrix Property, 1.3 acres of level commercial property with a 4 bedroom, 3-bath home. The home was previously used as an assisted living center and is fully ADA compliant.

The property is at 512 West Grand Avenue just a short distance from the intersection of Grand Avenue and Rainbow Drive. The level 1.3-acre lot is mostly wooded with the house located near the center. There is a small storage building at the back of the property. A gravel driveway leads to a two-car carport on the left side of the house. The house was built in 1960 and has 2314 square feet of living space. It has a brick exterior and a metal roof. This house has been converted into a commercial building complete with sprinklers throughout, a fire alarm system, as well as emergency lighting, and smoke detectors.

Inside the front door is a living room with dining area. There is a large eat-in kitchen with wood cabinets and double stainless steel sink. There are 4 bedrooms, each with spacious closets. There is a bath next to the kitchen and front bedroom. The bath is wheelchair accessible with large wheelchair accessible shower. There is another bath that is also fully wheelchair accessible, and a third bath with tub and shower. The flooring is a mixture of wood and tile.

The house is built on a crawl space. There is a central heat and air system. The house has public water, public sewer, and natural gas. Due to its previous use as a home for people with special needs, the house has support rails and wide 36” doors. Although this was originally a residential single-family dwelling, the property is presently zoned commercial. Some repairs are needed. West Grand Avenue is a major thoroughfare in Rainbow City that provides easy access to I-59.

To get to the property, from the intersection of Rainbow Drive and Grand Avenue in Rainbow City, go west on West Grand Avenue (toward I-59) for .7 miles. The property will be on the left. Look for the Auctions United signs.

Auctions United conducts this sale in conjunction with Clokey Realty of Gadsden, Alabama.

A 10% Buyer’s Premium will be added to the final bid and due the day of the sale. The balance is due at closing within 30 days.

Call Jim Givens at Auctions United at 800-222-5003, or Barry Dykes at Clokey Realty at 256-312-9903 for more information.

Auctions United… Your trust deserves our very best!

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