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250-260 Commerce St
Montgomery, AL 36104
260 Commerce St · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Opportunity Zone
- Riverfront Views!
- Within a block of the Montgomery Biscuits, the Riverfront Park, MPC, The Renaissance & The Harriett II Riverboat
- Investment Sale or Owner User
- Located in the heart of the Downtown Entertainment District
- 0.9± Miles from The State Capital
EXECUTIVE SUMMARY
The property is in Montgomery’s central business district, just blocks from the Alabama State Capitol. The area is dominated by law offices and state agencies, with government employment providing stability through roughly 14,600 state workers. Montgomery also benefits from two nearby military bases and significant suburban commuting, mainly from Elmore and Autauga counties. The city’s unemployment has historically been below the state average. Ongoing revitalization efforts, including riverfront development and warehouse conversions to offices, apartments, and condos, are contributing to a positive rebirth of downtown Montgomery.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
38,658 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1903/2010
Percent Leased
68%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
9,664 SF
Slab To Slab
8’
Building FAR
1.22
Lot Size
0.73 AC
Opportunity Zone
Yes
Zoning
T5 - Smart Code
Parking
4 Spaces (0.56 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 11-01-12-1-000-016.000 | Improvements Assessment | $15,320 |
| Land Assessment | $34,840 | Total Assessment | $50,160 |
PROPERTY TAXES
Parcel Number
11-01-12-1-000-016.000
Land Assessment
$34,840
Improvements Assessment
$15,320
Total Assessment
$50,160
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