For Sale
$390,000

31 Commerce StMontgomery, AL 36104

Prime Mixed-Use Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Class A, 11,673 sq ft mixed-use building is located in Montgomery, Alabama's central business district, at 31 Commerce St. Situated on a 0.17-acre lot, this vacant, two-story property offers unparalleled visibility adjacent to the Chamber of Commerce. Built in 1982, the concrete structure features a versatile open floor plan, a dock-high loading dock, and a service elevator, ensuring convenience and accessibility. The T-4 Smart Code zoning allows for a wide range of uses, making it ideal for various businesses. Its prime location offers easy access to popular restaurants, the market, the Alley Entertainment District, and major interstates (I-65 and I-85 are within 0.8 and 1.3 miles respectively). The asking price is $390,000, with a price per square foot of $33.41. This NNN lease property presents a unique chance to establish a thriving business in a vibrant downtown setting, benefiting from high foot traffic and proximity to approximately 450 new residential units. The multi-tenancy structure provides flexibility for various business models.

Highlights

  • Class A, 11,673 sq ft mixed-use building in Montgomery, AL's central business district.
  • Prime location adjacent to the Chamber of Commerce, near restaurants, entertainment, and 450+ new residential units.
  • Features a dock-high loading dock, service elevator, and open floor plan; concrete construction.
  • Convenient access to I-65 (0.8 miles) and I-85 (1.3 miles).

Property Details for 31 Commerce St

Property type
Office properties, Coworking space
Square Feet
11,673 SF
Class
A
Stories
2
Lot Size (sq. ft)
7,405 SF

Location Insight

City
Montgomery
County
Montgomery
State
Alabama
Latitude
32.3779153
Longitude
-86.3102789
31 Commerce St, Montgomery, Alabama

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31 Commerce St
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