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72 Dexter Ave 4,000 SF Vacant Retail Building Montgomery, AL 36104 $650,000 ($162.50/SF)
Investment Highlights
- Prime Downtown Montgomery Location along Dexter Avenue
- Spread across four separate structures- Building 1 is home to Cuco's Mexican Cafe, the other 3 buildings are currently vacant.
- Walkable to Montgomery’s Riverfront, Riverwalk Stadium, Montgomery Performing Arts Centre (MPAC)
- Approximately 0.3 miles from the Alabama State Capitol, placing the property in the heart of downtown Montgomery
- Two-Story Structures: The building records identify the improvements as two-story buildings, providing additional vertical space within the downtown
Executive Summary
Building 1 (Cuco's): ±2,352 SF
Building 2: ±2,484 SF
Building 3: ±3,972 SF
Building 4: ±3,604 SF
Building 2: ±2,484 SF
Building 3: ±3,972 SF
Building 4: ±3,604 SF
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
C
Year Built
1890
Price
$650,000
Price Per SF
$162.50
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.91
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
T5
Frontage
34’ on Dexter Ave
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-03-07-3-303-025.000 | Improvements Assessment | $36,380 |
| Land Assessment | $52,280 | Total Assessment | $88,660 |
Property Taxes
Parcel Number
10-03-07-3-303-025.000
Land Assessment
$52,280
Improvements Assessment
$36,380
Total Assessment
$88,660
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72 Dexter Ave