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215 Grant St SE
Decatur, AL 35601
Office Property For Sale
Investment Highlights
- Two-story office building featuring a first-floor lease to ABA Service Providers through 2032.
- Located in Decatur’s downtown area near retail, dining, and financial institutions.
- Prominent street visibility with convenient access to major routes and amenities.
- Second-floor space available for owner occupancy or customizable lease opportunity.
- Fully renovated historic structure offering functional and modern office interiors.
Executive Summary
7,774 Sf two story office building for sale or lease. First floor is leased to ABA Service Providers through 2032. 2nd story (3,887 SF) available for owner occupancy or can be leased out. Historic former bus station building located at 215 Grant Street SE in Decatur, AL offering renovated office space near the downtown core.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,774 SF
Building Class
C
Year Built
1950
Price
$1,390,000
Price Per SF
$178.80
Cap Rate
3.69%
NOI
$51,249
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,887 SF
Building FAR
1.11
Lot Size
0.16 AC
Property Taxes
| Parcel Number | 03-04-19-1-012-006.000 | Improvements Assessment | $48,760 |
| Land Assessment | $14,080 | Total Assessment | $62,840 |
Property Taxes
Parcel Number
03-04-19-1-012-006.000
Land Assessment
$14,080
Improvements Assessment
$48,760
Total Assessment
$62,840
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