For Lease
$150/SF/YR

414 Bank StDecatur, AL 35601

12,500 SF Office Space, Fully Renovated

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional three-story office building, located at 414 Bank Street NE in Decatur, Alabama (35601), presents a unique investment opportunity. The property, situated on 0.83 acres and boasting 12,500 square feet of entirely vacant space, offers flexible configurations suitable for various office needs. The building, classified as Class B, underwent a complete renovation in 2015, ensuring modern amenities and a contemporary feel. The layout is adaptable to traditional office setups, coworking spaces, or executive suites, catering to diverse business requirements. Features include multiple conference rooms equipped for teleconferencing, conveniently located break rooms and restrooms on each floor, and ample parking with 45 spaces. The building's prime location in Decatur, near the intersection of Bank Street NE and Cherry Street in Morgan County, offers excellent visibility and accessibility. While there are no elevators, the building's three stories provide a variety of layout options. Property taxes are $13,358.07 per square foot. This is a single-tenant building offering a rare opportunity to secure a substantial and well-maintained office space in a desirable Decatur location. The former Decatur Post Office building offers a blend of historical charm and modern functionality.

Highlights

  • 24 private offices: 7 basement, 7 first floor, 10 second floor.
  • 5 conference rooms: 3 basement, 1 first floor, 1 second floor.
  • 5 flex/open office spaces: 2 basement, 1 first floor, 2 second floor.
  • First floor open area ideal for reception.
  • Negotiable existing furniture available.
  • Lease expiration: December 2025.

Property Details for 414 Bank St

Property type
Office properties, Coworking space
RSF (Rentable sq. ft)
12,500 SF
Class
B
Year Renovated
2015
Buildings
1
Stories
3

Unit(s) available at that property

Space
Size
12,000 SF
Rate per SF
$150

Location Insight

City
Decatur
County
Morgan
State
Alabama
Latitude
34.6107222
Longitude
-86.986727
414 Bank St, Decatur, Alabama

FAQs

What type of property is this?
Office property - 12,500 SF Office Space, Fully Renovated
Where is the office property located?
The property is located at 414 Bank St Decatur, AL.
What is the lease rate?
The lease rate is $150/SF/YR.
What are key features of this property?
This property features: 24 private offices: 7 basement, 7 first floor, 10 second floor.; 5 conference rooms: 3 basement, 1 first floor, 1 second floor.; 5 flex/open office spaces: 2 basement, 1 first floor, 2 second floor.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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414 Bank St
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