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Four-Suite Office Building

1551 CHESTNUT BYPASS, Centre, AL 35960

For Sale
$664,000

Commercial Sale, CENTRE, AL

Property Size7,200 SF
Lot Size0.65 Acres
Price / SF$92.22
Days on Market657

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 4, Bathroom 1
Parking features Parking Lot, Driveway
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 14-04-17-4-000-018.001
Size 7,200 SF
Lot size 0.65 Acres

Additional Details

Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Tax Year 2024
Tax Description PIN 17510 COMM AT THE INTERSECTION S LINE & NLY ROW US 411; NW 512S; N 135 TO POB; CONT N 130; NW158.98; S200; SW62; NW1105 TO POB
Tax Annual Amount 5460
Legal Description PIN 17510 COMM AT THE INTERSECTION S LINE & NLY ROW US 411; NW 512S; N 135 TO POB; CONT N 130; NW158.98; S200; SW62; NW1105 TO POB

Utilities

Water source Public

Amenities

private restrooms
kitchens

Building Details

Year built 2000
Floors in Building 1
Flooring type Carpet, Tile, Concrete
Buildings 1
Listing Agency: Swafford Auction Group LLC
Listed By: Shane Swafford · License AL #58627
Added: Jan 23, 2025 Changed: Oct 30 Last Checked: Nov 10 at 5:06AM
MLS# 21879398

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Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 2000, this 7,200-square-foot office property contains four suites of approximately 1,800 square feet each. Every suite has an individual meter, its own HVAC system, a private restroom, and a kitchen. The building is leased to professional tenants on five-year agreements.

The property occupies a 0.65-acre site on Chestnut Bypass in Centre. Nearby businesses include Waffle House and Taco Bell, with Cherokee Electric Co-Op across the road. Daily traffic is 12,909 vehicles.

Key Highlights

  • Four office suites of approximately 1,800 square feet each
  • 7,200‑square‑foot building constructed in 2000
  • Individual meters and HVAC systems for each suite

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Locksmith Grocery & Convenience Store 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.

Lease Details

4
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

234
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - Four separately serviced suites are leased to professional tenants under five-year agreements.
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: Four office suites of approximately 1,800 square feet each; 7,200‑square‑foot building constructed in 2000; Individual meters and HVAC systems for each suite
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