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621 N. McDonough Street, Montgomery, AL 36104 620 N McDonough St 86,930 SF Industrial Building Montgomery, AL 36104 $1,500,000 ($17.26/SF)

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Investment Highlights

  • Great Warehouse Building
  • 1 acre fenced lay down yard
  • Listing price much lower than replacement cost
  • Opportunity Zone

Executive Summary

Price Reduced! Now $1,500,000 ($17.25/SF). Warehouse distribution facility in Montgomery CBD. 5,816 SF office and several drive in doors and dock height doors. There is a one acre fenced lay down yard. The property has frontage on 4 streets and encompasses an entire block. Past use was is lawn and garden supply. All areas are unfinished except for the 5,816 sf office and a small office/break area in the back of the warehouse. Property is unoccupied and available now.

Property Facts

Price $1,500,000
Price Per SF $17.26
Sale Type Investment or Owner User
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Service
Building Class B
Lot Size 4.00 AC
Rentable Building Area 86,930 SF
No. Stories 1
Year Built/Renovated 1930/1977
Tenancy Single
Parking Ratio 0.23/1,000 SF
Clear Ceiling Height 28’
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning M-1 - Light Industrial

Amenities

  • Fenced Lot
  • Air Conditioning
  • Raised Floor System

Utilities

  • Lighting - Halogen
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric

Property Taxes

Property Taxes

Parcel Number
10-03-07-2-014-001.000
Land Assessment
$25,260
Improvements Assessment
$209,140
Total Assessment
$234,400
  • Listing ID: 31584631

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 620 N McDonough St, Montgomery, AL 36104

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