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Four-Suite Professional Office Building
New
For Sale
$664,000

1551 Chestnut Bypass, Centre, AL 35960

COMMERCIAL - Centre, AL

Property Size7,200 SF
Lot Size0.65 Acres
Price / SF$92.22
Days on Market2

Property Features for 1551 Chestnut Bypass

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4
Parking features Driveway, Parking Lot
Lot features High Visibility
Directions From Intersection Of West Main Street (Us Hwy 411) And Chesnut Bypass Take Chesnut Bypass To First Right At Huddle House. Property Is Between Huddle House And Taco Bell On The Right.
Standard status Active
APN 1404174000018.001
Size 7,200 SF
Lot size 0.65 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 2000
Floors in Building 1
Flooring type Concrete, Carpet, Tile
Listing Agency: Swafford Auction Group LLC
Listed By: Shane Swafford · License #58627
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 8:06PM
MLS# 21879398

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Investment Insights

Based on property information with market context.

Built in 2000, this 7,200+/- square-foot office building is configured as four 1,800+/- square-foot suites. Each unit has separate metering, an individual HVAC system, a private restroom, and a kitchen, with concrete, tile, and carpet flooring throughout the property. Public water and sewer serve the building, and on-site parking is provided through a parking lot and driveway.

The property is located at 1551 Chestnut Bypass in Centre, Alabama, between Waffle House and Taco Bell and across from Cherokee Electric Co-Op. The site encompasses 0.65 acres and records daily traffic of 12,909. All four suites are leased to professional tenants under five-year lease agreements.

Key Highlights

  • 7,200+/- square‑foot office building on 0.65 acres
  • Four (4) 1,800+/- sq ft office suites
  • Each suite has individual metering, HVAC, a private restroom, and a kitchen

Property Analytics

Current Use

Office buildings

Lease Details

4
Office units
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Separately metered suites include private restrooms, kitchens, and dedicated HVAC systems for professional office use.
Where is this office building 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+/- square‑foot office building on 0.65 acres; Four (4) 1,800+/- sq ft office suites; Each suite has individual metering, HVAC, a private restroom, and a kitchen
More about this property
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