Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
863 Grove St
Montgomery, AL 36104
Asking Price
$66K
Asset Type
Mixed-use
Class
Class B
What's Special
Mixed Use | 6,650 SqFt <p><strong style="color: rgba(0, 0, 0, 1)">This Historic Showpiece with Huge Potential is ready for its new owner. This building previously was home to the the lively Regal Café and the upstairs was rental to college students. Located in a prime historic district, it’s packed with character, space, and endless income potential. Transform it into a stylish Airbnb, trendy coffee shop, or student rental hub — the possibilities are endless. It needs some love, but the bones are solid and the reward
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
121.40%
DSCR
20.45
Strong
Cash-on-Cash
384.86%
Monthly Payment
$326.037
Annual Cash Flow
$76,087.553