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Downtown Montgomery Commercial Space
For Lease
$2,400/Mo

16 S Perry Street, Montgomery, AL 36104

Prime downtown location suitable for retail, office, or restaurant.

Space SizeContact for details
Days on Market301

Property Features for 16 S Perry Street

General Information

Standard status Active
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $1,620

Building Details

Year Built 1870
Listing Agency: RE/MAX Properties LLC
Listed By: Paul S. Harper · License #0067249
Source: Exitrealty
Added: Oct 15, 2025 Changed: Aug 9 Last Checked: Aug 9 at 7:53PM

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 Properties LLC

Investment Insights

Based on property information with market context.

Located in downtown Montgomery, this commercial property offers a versatile space suitable for various businesses. The location benefits from high foot traffic and visibility, situated in the city's vibrant atmosphere. The property is conveniently located near major transportation hubs and highways. The building features historic charm and architectural character. The surrounding area includes restaurants, shops, cultural attractions, and entertainment options. The upstairs area includes a waiting room/conference room, a kitchenette, bathrooms, and a large office space. The downstairs area features a large lobby area with its own bathroom, as well as a private office with a private bathroom overlooking the lobby area. The downstairs area has been freshly painted. The property size is 2439 square feet.

Key Highlights

  • Prime downtown Montgomery location with high foot traffic and excellent visibility
  • Versatile floor plan suitable for various business types
  • Convenient access to major transportation hubs and highways

Property Analytics

Current Use

Gaylor Bishop & Son Electrical Service

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Grocery & Convenience Store Home Appliance Store Storage Facility Skin Care Clinic

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

NNN (Triple Net)
Lease Type
$1.77 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,772
Businesses Nearby

Demographics for 36104, AL

9,021
Population
5,265
Households
1.7
Avg Household Size
31
Median Age
26%
College-Educated
76%
High-School Grad
10.5 sq mi
ZIP Area
859
Density / Sq Mi
$34,975
Median Household Income
$21,668
Median Earnings
$787
Median Rent
$121,200
Median Home Value

Market

Lease Benchmarks for Montgomery, AL

$10.32 /SF/Yr
Avg Asking Price
$5.04–$14.9 /SF/Yr
Price Range
6,828 SF
Avg Space Size

This space is priced 14% above the average of $10.32 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Prime downtown location suitable for retail, office, or restaurant.
Where is this office units located?
The property is located at 16 S Perry Street Montgomery, AL.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: Prime downtown Montgomery location with high foot traffic and excellent visibility; Versatile floor plan suitable for various business types; Convenient access to major transportation hubs and highways
More about this property
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