1100 South BlvdMontgomery, AL 36105

This vacant, 78,717 square foot hotel in Montgomery, Alabama presents a compelling value-add opportunity. Built in 1971, the four-story, 152-key Candlelight Inn sits on a 3.5-acre lot zoned M-1, offering significant redevelopment potential. Currently distressed and vacant, this property presents a blank canvas for a variety of uses, including a boutique hotel, apartment complex, or mixed-use development. The asking price is $1,300,000, representing $16.51 per square foot. Its prime location in a bustling area of Montgomery ensures excellent visibility and accessibility. The property's historic charm and expansive size provide ample space for creative renovation projects and the addition of amenities. This represents a chance to capitalize on Montgomery's real estate market and contribute to the revitalization of the local community. The property's potential for significant return on investment makes it an attractive proposition for discerning investors seeking a challenging yet rewarding project. The property is currently vacant, offering a clean slate for a complete transformation. This is a unique chance to acquire a substantial property in a desirable location with the potential to create a significant asset.