For Sale
$1,300,000

302 Dr Hicks BlvdFlorence, AL 35630

Income-producing, three-story office building.

Overview

Added:
Feb 3
Days on market:
65
This prime commercial office building, located at 302 Dr Hicks Blvd in the heart of downtown Florence, Alabama, presents a unique investment opportunity. The property boasts a substantial 8,750 square feet of space spread across three levels, including a finished basement with its own private entrance. The building is equipped with three-phase power, a valuable asset for many businesses. Currently, the first floor is leased, generating immediate income for the new owner. The second floor and basement spaces are available for lease, offering significant potential for increased revenue. The seller is open to leasing these vacant spaces to a suitable tenant or selling the entire property outright. This income-producing property sits on a 0.69-acre lot and is priced below its appraised value, making it an attractive proposition for savvy investors seeking a strong return on investment in a desirable downtown location. The building's central location in Florence provides excellent visibility and accessibility, making it an ideal space for a variety of commercial uses. This is a rare opportunity to acquire a well-maintained, income-generating commercial property in a thriving Alabama city. Don't miss out on this chance to own a piece of downtown Florence.

Property Details for 302 Dr Hicks Blvd

Property type
Square Feet
8,750 SF
Year Built
1993
Lot Size (sq. ft)
30,056 SF

Location Insight

City
Florence
County
Lauderdale
State
Alabama
Latitude
34.79656
Longitude
-87.67727
302 Dr Hicks Blvd, Florence, Alabama

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302 Dr Hicks Blvd
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