For Sale
$158,000

2142 Spruce StMontgomery, AL 36106

1.55-Acre M-1 Zoned Site, $158,000

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 1.55-acre commercial property, located at 2142 Spruce Street in Montgomery, Alabama (zip code 36106), presents a unique investment opportunity. Zoned M-1, this fee-simple land offers a wide array of permitted uses, including light industrial applications and various retail businesses as allowed under B-2 zoning. These possibilities encompass stores selling diverse merchandise (food, apparel, furniture, etc.), service businesses (dry cleaning, barber shops, offices), and even automobile services. The property benefits from convenient interstate access via I-85, utilizing Forest Avenue or Ann Street. Adding to its versatility, the site includes an existing 2,500 square foot block building. This structure features a 10' x 10' overhead door, two 3' x 6.8' walk-in doors, and a 16' x 26' framed office space with two small bathrooms (one plumbed and functional). Three-phase power is readily available. The property consists of eight contiguous tax parcels. This densely populated area offers limited available land, making this a highly desirable investment at a reduced price of $158,000 cash at closing. The property is conveniently located near Interstate 85.

Highlights

  • Exclusive Listing, cooperating brokers invited.
  • 1.55-acre site comprised of eight contiguous parcels.
  • Reduced price: $158,000 cash at closing.
  • M-1 zoning.
  • Excellent interstate access.
  • Highly versatile permitted uses.

Property Details for 2142 Spruce St

Property type
Land, Industrial properties
Lot Size (sq. ft)
67,518 SF

Location Insight

City
Montgomery
County
Montgomery
State
Alabama
Latitude
32.3648773
Longitude
-86.2801504
2142 Spruce St, Montgomery, Alabama

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2142 Spruce St
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