SOLD! – Noble Cottage Bed and Breakfast Start-up Opportunity

Property Address: 900 Leighton Avenue
Anniston, AL 36207
Contact: David B. Schneider, Owner
Contact Email: dbschneider@bellsouth.net
Contact Telephone: 256-310-6320
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Area Description: Located in downtown Anniston, AL:

• Across the street from Northeast Alabama Regional Medical Center (NEARMC) – Anniston’s primary hospital facility with more than 1,600 employees and 200 physicians.
• Near additional medical facilities and offices
• ½ block from Quintard Avenue (AL21) – a major north-south route with >36,000 average daily trips, connecting to I-20 four miles to the south
• 1 block from The Western Bypass (AL202) – a major east-west route with 13,800 average daily trips, connecting to I-20 four miles to the southwest
• Located 2.8 miles from The Eastern Bypass (US431) – a north-south route, connecting to I-20 six miles to the southeast
• Located between metro Atlanta (1:15 hr. east) and Birmingham (1 hr. west) via I-20; 2 hr. south of Chattanooga via I-59

Site Description: Corner property – 70′ x 114′ – Leighton Avenue at E. 9th Street

Structural Description: AN OPPORTUNITY TO BUY ONE OF NORTHEAST ALABAMA’S MOST HISTORIC PROPERTIES

The Noble Cottage was built in 1887 as a guest cottage by Samuel Noble, one of the founders of Anniston. The house remains as one of the rare surviving grand residences from Anniston’s early period of development, a time when it earned a reputation as the “Model City of the New South.” Renowned Alabama architectural historian Robert Gamble cited The Noble Cottage as one of the state’s notable examples of the Queen Anne architectural style, typified by the use of sophisticated architectural details intended to evoke a handcrafted flavor, and by the use of contrasting materials and colors in walls and roofs – in this case, sandstone with wood shingles above.

AN EXCEPTIONAL HISTORIC REHABITATION TAX CREDIT OPPORTUNITY

• Eligible for 20% Federal plus 25% State historic rehabilitation tax credits (45% of qualified rehabilitation expenditures)
• Located in an Opportunity Zone
• Listed in the National Register of Historic Places (1976) and designated as a historic property by the City of Anniston (2022)

OPPORTUNITY FOR A BED & BREAKFAST, OFFICE, OR OTHER COMMERCIAL USE, OR PRIVATE RESIDENCE WITH A ZONING VARIANCE

• 2,500 square foot facility could house up to 4 B&B rooms

Offering: $129,900 as is

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