For Sale
$975,000

2900 Mcgehee RdMontgomery, AL 36111

Prime Medical Office, Two Buildings

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a portfolio of two medical office buildings totaling 16,891 square feet situated on a 1.39-acre lot in Montgomery, Alabama. The property, located at 2900 McGehee Rd, boasts a convenient location near Baptist Medical Center South and Jackson Hospital, ensuring high visibility and accessibility for medical professionals and patients. Built in 1968 and extensively renovated in 2024, the single-story buildings are zoned B-4 Retail/Office, offering flexibility for various medical uses. The asking price is $975,000, translating to $57.72 per square foot. A unique leaseback option is available for up to one year, providing a smooth transition for the buyer. This presents a compelling opportunity for medical practices seeking a strategic location with excellent access to major healthcare facilities. The property's recent renovation ensures modern amenities and functionality, making it an attractive investment for both owner-occupiers and investors. The portfolio's proximity to major hospitals makes it an ideal location for medical practices seeking high patient traffic and convenient access to medical resources. This is a rare opportunity to acquire a well-maintained, strategically located medical office portfolio in a thriving healthcare market.

Highlights

  • Two-property portfolio available for sale.
  • Leaseback option available to seller.
  • Excellent accessibility and convenient location.
  • Close proximity to two major hospitals.

Property Details for 2900 Mcgehee Rd

Property type
Office properties, Medical offices
Square Feet
16,891 SF
Class
C
Year Built/Renovated
1968/2024
Buildings
2
Stories
1
Lot Size (sq. ft)
60,548 SF

Location Insight

City
Montgomery
County
Montgomery
State
Alabama
Latitude
32.3372873
Longitude
-86.2624073
2900 Mcgehee Rd, Montgomery, Alabama

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2900 Mcgehee Rd
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