203 Greene StHuntsville, AL 35801

Property Details for 203 Greene St

Year built

1910

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.53 AC

Property size (Sq ft)

19,969 SF

Property type

Office buildings

APN

14-07-36-3-004-009.000

APU

1407363004009000

Description

This stunning, three-story, 19,393 square foot building, originally a 1910 YMCA, offers unique office suites. The meticulously restored interior boasts coffered ceilings, extensive wood trim, and a beautifully preserved original gym floor. Elegant offices and meeting rooms feature painted brick walls and floor-to-ceiling windows. Multiple gathering and conferencing areas cater to in-person meetings. Located at the corner of Greene Street and Randolph Avenue, this C3-zoned property enjoys a prime downtown Huntsville location, just one block from the Madison County Courthouse. The available 4,393 square foot ground floor suite offers a separate Randolph Avenue entrance and convenient on-site parking. Its corner location provides easy access to numerous nearby restaurants. The building features multiple tenancy and is available as a full-service lease. This is a truly exceptional opportunity to secure prestigious office space in a landmark building. The building is situated in Madison County's General Business District.

• CAP approach

  CAP return

  Valuation

  6%

  $4,223,530

  6.5%

  $3,898,644

  7%

  $3,620,169

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,252,750

  Geo Method

  $3,895,153

• Alternative Use

  Use

  Valuation

  Residential

  $4,834,318

  Hospitality

  $4,428,210

  Educational

  $3,684,218

  Medical

  $3,810,924

  Retail

  $5,731,006

Location Insight

City

Huntsville

County

Madison

State

Alabama

Latitude

34.7314

Longitude

-86.5834

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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