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Multi-Suite Professional Office Building
For Sale
$664,000

1551 Chestnut Bypass, Centre, AL 35960

A 7,200± sq ft office building with four individually metered suites, each with HVAC, restroom, and kitchen.

Property Size7,200 SF
Price / SF$92.22
Days on Market553

Property Features for 1551 Chestnut Bypass

General Information

Standard status Active
Size 7,200 SF
Property subtype Commercial
Occupancy 100%

Additional Details

Traffic Count 12,909 vehicles/day
Office Units 4

Building Details

Building Size 7,200 SF
Year Built 2000
Tenancy Multi
Listing Agency: Swafford Auction Group LLC
Listed By: Shane Swafford · License #58627
Source: Alabamaland
Added: Jan 23, 2025 Changed: Jul 27 Last Checked: Jul 29 at 1:32PM

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 Swafford Auction Group LLC

Investment Insights

Based on property information with market context.

Constructed in 2000, this professional office building offers approximately 7,200± sq ft across four (4) office suites of about 1,800± sq ft each. The suites are individually metered and each includes its own HVAC system, private restroom, and kitchen, supporting separate day-to-day office use. The property is fully leased to established professional tenants under strong five-year lease agreements.

Located in a high-traffic area between Waffle House and Taco Bell, the building sits directly across from Cherokee Electric Co-Op. Reported daily traffic is 12,909.

The current configuration and suite-level utilities make the building well-suited to an investor seeking a multi-tenant office setup with dedicated in-suite systems.

Key Highlights

  • 7,200± SF professional office building built in 2000 with four 1,800± SF office suites
  • Each suite is individually metered and has its own HVAC system, private restroom, and kitchen
  • All four suites are fully leased to established professional tenants

Property Analytics

Current Use

Office Units

Lease Details

4
Office units
12,909 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 35960, AL

9,883
Population
5,607
Households
1.8
Avg Household Size
48
Median Age
16%
College-Educated
82%
High-School Grad
146.6 sq mi
ZIP Area
67
Density / Sq Mi
$47,868
Median Household Income
$38,364
Median Earnings
$741
Median Rent
$176,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - A 7,200± sq ft office building with four individually metered suites, each with HVAC, restroom, and kitchen.
Where is this office units located?
The property is located at 1551 Chestnut Bypass Centre, AL.
What is the asking price?
The asking price for this property is $664,000.
What are key features of this property?
This property features: 7,200± SF professional office building built in 2000 with four 1,800± SF office suites; Each suite is individually metered and has its own HVAC system, private restroom, and kitchen; All four suites are fully leased to established professional tenants
More about this property
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