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

1551 Chestnut Bypass, Centre, AL 35960

Four individually metered office suites offer private restrooms and HVAC in a high-traffic retail corridor.

Property Size7,200 SF
Price / SF$92.22
Days on Market76

Property Features for 1551 Chestnut Bypass

General Information

Standard status Active
Size 7,200 SF
Occupancy 100%

Additional Details

Office Units 4

Building Details

Year Built 2000
Tenancy Multi
Listing Agency: Swafford Auction Group
Listed By: Robert Swafford
Source: Eternorealtygroup
Added: Jun 28 Changed: Sep 8 Last Checked: Sep 9 at 8:58PM

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

Investment Insights

Based on property information with market context.

Constructed in 2000, this 7,200± square foot professional office building is arranged as four separate 1,800± square foot office suites. Each suite is individually metered and features its own HVAC system, a private restroom, and a kitchen.

The property is positioned in a high-traffic area between Waffle House and Taco Bell, with Cherokee Electric Co-Op directly across the way. The building’s location places it directly amid established neighborhood-serving commercial activity.

For buyers looking for an owner-operated or investment-oriented office asset, the suite layout supports professional tenants that value privacy and independent climate control. With all four suites currently leased to established professional tenants under strong five-year lease agreements, the building presents a structured, tenant-ready configuration with dedicated amenities at the suite level.

Key Highlights

  • 7,200± SF professional office building built in 2000 in a high‑traffic area
  • Divided into four (4) 1,800± SF office suites
  • Each suite is individually metered and has its own HVAC system

Property Analytics

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Current Use

Office Units

Lease Details

4
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2
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
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Frequently Asked Questions

What type of property is this?
Office units - Four individually metered office suites offer private restrooms and HVAC in a high-traffic retail corridor.
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 in a high‑traffic area; Divided into four (4) 1,800± SF office suites; Each suite is individually metered and has its own HVAC system
More about this property
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