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Four-Suite Office Building
For Sale
$664,000

1551 Chestnut Bypass, Centre, AL 35960

Business Opportunity, Centre, AL

Property Size7,200 SF
Lot Size0.65 Acres
Price / SF$92.22
Days on Market48

Property Features for 1551 Chestnut Bypass

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2
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 1404174000018.001
Size 7,200 SF
Lot size 0.65 Acres

Utilities

Sewer type Public Sewer
Water source Public

Amenities

individual HVAC
private restroom
kitchen

Building Details

Year built 2000
Floors in Building 1
Flooring type Carpet, Concrete, Tile
Listing Agency: Swafford Auction Group LLC
Listed By: Shane Swafford · License #58627
Added: Aug 10 Changed: Sep 16 Last Checked: Sep 26 at 1:06AM
MLS# 21879398

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Investment Insights

Based on property information with market context.

The 7,200+/- sq ft office building was constructed in 2000 and configured as four suites of approximately 1,800+/- sq ft each. Every suite has separate metering, an individual HVAC system, a private restroom, and a kitchen. Tile, concrete, and carpet flooring are present throughout the property, with public water and public sewer serving the building.

The property sits on 0.65 acres in a high-traffic commercial setting between Waffle House and Taco Bell, across from Cherokee Electric Co-Op. Daily traffic is reported at 12,909. On-site improvements include a parking lot and driveway. All four suites are leased to professional tenants under five-year lease agreements.

Key Highlights

  • 7,200+/- sq ft office building on 0.65 acres
  • Four 1,800+/- sq ft office suites
  • Each suite has separate metering, HVAC, restroom, and kitchen

Property Analytics

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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
100%
Occupancy
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Income-producing office property with separately serviced suites and established professional tenants under five-year leases.
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+/- sq ft office building on 0.65 acres; Four 1,800+/- sq ft office suites; Each suite has separate metering, HVAC, restroom, and kitchen
More about this property
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