Downtown Office Building with
For Lease
$14.90 SF/Yr
557 S Lawrence St, Montgomery, AL 36104
Two independently accessed office suites share a courtyard in a single building configured for flexible professional use.
Space Size1,007 SF
Property Size2,014 SF
Days on Market30
Property Features for 557 S Lawrence St
General Information
Standard status
Active
Size
1,007 SF
Class
C
Property subtype
Office - General Office
Zoning
T4-R
Additional Details
Opportunity Zone
Yes
Highway Access
Yes
Office Units
2
Amenities
courtyard
Building Details
Building Size
2,014 SF
Year Built
1980
Units
2
Tenancy
Multi
Spaces For Lease
at 557 S Lawrence St Contact us- Size
- 1,007 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
557 S. Lawrence St. Office Suite $14.90/SF/Yr
- Size
- 1,007 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
559 S. Lawrence St. Office Suite $14.90/SF/Yr
Listing Agency:
Hodges Commercial Real Estate
(334) 315-1382
Listed By:
Paul Hodges · License #28068
Source:
Commercialcafe
Added: Jul 13
Changed: Aug 8
Last Checked: Aug 11 at 3:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hodges Commercial Real Estate
Investment Insights
Based on property information with market context.
557–559 S. Lawrence Street is a single-building office property configured as two office suites, each with independent access and functional layouts. The building includes multiple private office areas, and the interior configuration can be modified depending on future use. A shared courtyard adds outdoor space and can be incorporated into tenant or owner-occupied improvements.
The property is located in historic downtown Montgomery, within an Opportunity Zone and an urban core zoning district. It is described as being steps from government buildings, including the Alabama State Capitol, and the downtown business district.
The property is identified as T4-R zoned and is presented as suitable for office, professional, or adaptive reuse concepts, with finishes and final office count to be determined.
The property is located in historic downtown Montgomery, within an Opportunity Zone and an urban core zoning district. It is described as being steps from government buildings, including the Alabama State Capitol, and the downtown business district.
The property is identified as T4-R zoned and is presented as suitable for office, professional, or adaptive reuse concepts, with finishes and final office count to be determined.
Key Highlights
- Single 2,014± SF building on S. Lawrence St configured as two 1,007± SF office suites
- Each office suite has independent access for separate tenant use or owner‑occupancy flexibility
- Shared courtyard provides additional outdoor space for tenant or owner‑occupied improvements
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.24 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,481
Businesses Nearby
Explore this area
Business Placement
Demographics for 36104, AL
9,021
Population
5,265
Households
1.7
Avg Household Size
31
Median Age
26%
College-Educated
76%
High-School Grad
10.5 sq mi
ZIP Area
859
Density / Sq Mi
$34,975
Median Household Income
$21,668
Median Earnings
$787
Median Rent
$121,200
Median Home Value
Market
Lease Benchmarks for Montgomery, AL
$10.32 /SF/Yr
Avg Asking Price
$5.04–$14.9 /SF/Yr
Price Range
6,828 SF
Avg Space Size
This space is priced 44% above the average of $10.32 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Two independently accessed office suites share a courtyard in a single building configured for flexible professional use.
Where is this office units located?
The property is located at 557 S Lawrence St Montgomery, AL.
What is the lease rate?
The lease rate is $14.90 SF/Yr.
What are key features of this property?
This property features: Single 2,014± SF building on S. Lawrence St configured as two 1,007± SF office suites; Each office suite has independent access for separate tenant use or owner‑occupancy flexibility; Shared courtyard provides additional outdoor space for tenant or owner‑occupied improvements
