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Medical Office Building with Basement
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154 S Main Street, Arab, AL 35016

Freestanding commercial property with a divided interior, basement, front parking, and rear grassy area.

Property Size1 SF
Price / SF$625,000
Days on Market803

Property Features for 154 S Main Street

General Information

Standard status Active
Size 1 SF
Property subtype Multifamily

Building Details

Year Built 1984
Buildings 1
Units 4
Listing Agency: Re/Max Heritage
Listed By: Brenda King · License #97861
Source: Crexi
Added: Jun 21, 2024 Changed: Aug 30 Last Checked: Aug 31 at 9:17AM

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 Re/Max Heritage

Investment Insights

Based on property information with market context.

Built in 1984, this medical office property has an interior arrangement designed for separation, including a central divider beam and two central units identified as new. The building includes a basement, front parking, and a grassy area behind the structure.

The property previously accommodated two separate physicians and is expected to be vacant by closing. Located at 154 S Main Street in Arab, Alabama, it offers a configuration suited to medical-office occupancy or reworking into separately organized spaces, subject to applicable approvals.

Key Highlights

  • Medical office building constructed in 1984
  • Interior includes a central divider beam and two central units identified as new
  • Basement included

Property Analytics

Current Use

Taylor Joanne Employment Agency

Suggested Use

Top Pick Building Supply Storage Facility Big Box & Wholesale Store Plumbing Service Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

351
Businesses Nearby
Balanced
Demand for This Use

Demographics for 35016, AL

17,495
Population
7,372
Households
2.4
Avg Household Size
42
Median Age
22%
College-Educated
89%
High-School Grad
79.0 sq mi
ZIP Area
221
Density / Sq Mi
$60,910
Median Household Income
$36,939
Median Earnings
$758
Median Rent
$192,900
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?
Medical Office Space - Freestanding commercial property with a divided interior, basement, front parking, and rear grassy area.
Where is this medical office space located?
The property is located at 154 S Main Street Arab, AL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Medical office building constructed in 1984; Interior includes a central divider beam and two central units identified as new; Basement included
(256) 586-4410 Call to check price and availability
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