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502 S Court St 37,579 SF 100% Leased Industrial Building Florence, AL 35630 $1,950,000 ($51.89/SF)

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Executive Summary

This 37,579 SF facility, located on a 1.44-acre lot in the vibrant center of downtown Florence, presents a unique opportunity for businesses in need of expansive, flexible space in a prime, easily accessible location. Formerly home to the Coca-Cola Bottling Company and most recently used as a Comcast Cable warehouse. Perfectly suited for office operations, tech firms, light manufacturing, storage or multi-family re-development. It features approximately 6,500 SF of office space with remaining area dedicated to a wide-open warehouse with 3 Phase Electrical, sprinkler system, minimal obstructions, offering endless possibilities, for open work-spaces, production, or secure storage. With its central location, the property provides excellent visibility & accessibility, an on-site parking lot along Court Street ensures convenient parking for both staff and visitors. Full building plans are available upon request.(Warehouse 31,079sf; Ceiling Height Min 10'; Ceiling Height Max 20')

Property Facts

Price	$1,950,000	Rentable Building Area	37,579 SF
Price Per SF	$51.89	No. Stories	2
Sale Type	Investment or Owner User	Year Built	1968
Sale Condition	Redevelopment Project	Clear Ceiling Height	20’
Property Type	Industrial Industrial Manufacturing Industrial Warehouse OfficeLoft Creative Space	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C
Zoning	B3 - A B-3 zoning district description varies by municipality, but typically encompasses a range of business, retail, and service uses.

Price	$1,950,000
Price Per SF	$51.89
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
Property Type	Industrial Industrial Manufacturing Industrial Warehouse OfficeLoft Creative Space
Building Class	C
Rentable Building Area	37,579 SF
No. Stories	2
Year Built	1968
Clear Ceiling Height	20’
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B3 - A B-3 zoning district description varies by municipality, but typically encompasses a range of business, retail, and service uses.