106-116 Hillcrest DrAndalusia, AL 36420

Property Details for 106-116 Hillcrest Dr

Property size (Sq ft)

13,265 SF

Property type

Other commercial real estate

Property subtype

Other specialty properties

Description

This exceptional investment opportunity in Andalusia, Alabama, presents a 43,560 square foot lot encompassing a 13,265 square foot special purpose commercial building located at 106-116 Hillcrest, zip code 36420. The property is priced at $1,250,000 and offers several currently rented offices, many with long-term tenants. Two offices are currently vacant, presenting immediate potential for increased revenue. The building is conveniently wheelchair accessible, enhancing its appeal to a wider range of potential tenants. This property is situated in Covington County, Alabama, providing a strategic location for business operations. The substantial lot size offers ample space for expansion or future development, making it an attractive proposition for investors seeking both immediate income and long-term growth potential. The existing rental income stream provides a stable foundation for investment, while the vacant spaces offer opportunities to increase profitability. This is a rare chance to acquire a well-maintained commercial property in a desirable location. The property's accessibility features further enhance its marketability and potential for a strong return on investment.

Location Insight

City

Andalusia

County

Covington

State

Alabama

Latitude

31.3139

Longitude

-86.4996

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