1807 3Rd StMontgomery, AL 36106
- Retail space
- 1,276 SF
Property Details for 1807 3Rd St
- Year built
- 1930
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 1,276 SF
- Zone code
- R-60-S
- Property type
- Retail space
- APN
- 10-04-17-3-010-009.000
- APU
- 1004173010009000
Description
This 114,900 dollar commercial property located at 1807 W 3rd Street in Montgomery, Alabama presents a fantastic opportunity for entrepreneurs and business owners. The building boasts a flexible layout, previously utilized as a beauty salon, making it adaptable to a wide range of commercial ventures. Upon entry, a welcoming reception or waiting area sets the tone. Beyond this space, three generously sized rooms offer ample room for operations. One room features a unique advantage: custom-designed styling stations with built-in cabinetry, a testament to thoughtful previous improvements. The property has undergone significant upgrades to both the plumbing and electrical systems, ensuring modern functionality and efficiency for any new business. These upgrades were implemented to meet the demands of the previous tenant. The building sits on a lot with zero acres. The square footage is not specified. The property's versatility, coupled with its recent enhancements, makes it an exceptional investment opportunity in a thriving Montgomery location. Schedule a viewing to explore the potential of this adaptable commercial space and envision your business thriving within its walls.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $242,993
- 6.5%
- $224,301
- 7%
- $208,279
-
Comparable approach
- Method
- Valuation
- Relative Method
- $627,219
- Geo Method
- $627,219
-
Alternative Use
- Use
- Valuation
- Residential
- $189,206
- Hospitality
- $173,312
- Educational
- $144,193
- Medical
- $149,152
- Retail
- $224,301
Location Insight
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Latitude
- 32.3639
- Longitude
- -86.2841
- CBSA code
- 33860
- CBSA name
- MONTGOMERY, AL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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