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163-177 Lee Street 163 Lee St 6,160 SF 100% Leased Retail Building Montgomery, AL 36104 $400,000 ($64.94/SF)
INVESTMENT HIGHLIGHTS
- Prime downtown Montgomery location on Lee Street, in the heart of the central business district
- Within walking distance of the Alabama State Capitol and government offices
- Surrounded by civic, cultural, and historic attractions that drive strong foot traffic and tourism
- VALUE ADD - Current annual income ± $22, 200.00
- Excellent access to major roadways: less than 1 mile to Interstate-65 and Interstate-85
EXECUTIVE SUMMARY
Prime downtown Montgomery location on Lee Street, in the heart of the central business district
VALUE ADD - Current annual income ± $22, 200.00
Within walking distance of the Alabama State Capitol and government offices
Adjacent to the Frank M. Johnson Jr. Federal Building & U.S. Courthouse (major legal hub)
Near the Civil Rights Memorial Center and Dexter Avenue King Memorial Baptist Church (historic and cultural landmarks)
Close to Old Alabama Town historic district and Riverfront Park along the Alabama River
Excellent access to major roadways: less than 1 mile to Interstate-65 and Interstate-85
Convenient to U.S. Route 80 and other major city thoroughfares for regional connectivity
Surrounded by civic, cultural, and historic attractions that drive strong foot traffic and tourism
VALUE ADD - Current annual income ± $22, 200.00
Within walking distance of the Alabama State Capitol and government offices
Adjacent to the Frank M. Johnson Jr. Federal Building & U.S. Courthouse (major legal hub)
Near the Civil Rights Memorial Center and Dexter Avenue King Memorial Baptist Church (historic and cultural landmarks)
Close to Old Alabama Town historic district and Riverfront Park along the Alabama River
Excellent access to major roadways: less than 1 mile to Interstate-65 and Interstate-85
Convenient to U.S. Route 80 and other major city thoroughfares for regional connectivity
Surrounded by civic, cultural, and historic attractions that drive strong foot traffic and tourism
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
6,160 SF
Year Built
1920
Price
$400,000
Price Per SF
$64.94
Percent Leased
100%
Building Height
1 Story
Opportunity Zone
Yes
Zoning
T5
Walk Score®
Very Walkable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 11-01-12-4-404-027.000 | Improvements Assessment | $37,240 |
| Land Assessment | $19,900 | Total Assessment | $57,140 |
PROPERTY TAXES
Parcel Number
11-01-12-4-404-027.000
Land Assessment
$19,900
Improvements Assessment
$37,240
Total Assessment
$57,140
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163-177 Lee Street | 163 Lee St
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