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402 E South Blvd
Montgomery, AL 36105

Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 4 units/ 2 units currently rented for 1,000/mo. Huge shed over $3000 sq ft currently rented for $800/mo
  • $5000 Incentive for privacy fencing
  • $5000/month Income potential

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,250 SF
Building Class
C
Year Built
1967
Percent Leased
21%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.47 AC
Zoning
B-2 - Commercial
Parking
9 Spaces (1.09 Spaces per 1,000 SF Leased)
Frontage
123 FT on South Blvd

ABOUT 402 E SOUTH BLVD , MONTGOMERY, AL 36105

Welcome to a potential $5000/mo income investment. This commercial property sitting on .480 acre has all that you are looking for and more. With 4 grand spaces to conduct business and a huge bonus shed that's over 3,000 sq ft your investment dream has come true. Two out of the four spaces are currently being rented out for $1000.00/month and the bonus shed holds a monthly income of $800/month. Each space unique with the first having several offices that can also be rented separately; The second space currently rented as an event center open to your vision and goal; The third needs a little tlc waiting for your special touch, and the fourth very spacious and open to your investment ideas. The sign on the property also brings in $2600 annually. One minute from Baptist South medical center and right across the street from the fire department, this building seen right off of the boulevard where thousands travel daily is ready. Three out of four units with passed inspections for your files and a building already paying for itself is one to add to your portfolio!

PROPERTY TAXES

  • Listing ID: 26459328

  • Date on Market: 8/22/2022

  • Last Updated:

  • Address: 402 E South Blvd, Montgomery, AL 36105