171 S Forest Ave, Luverne, AL 36049

Listing Agency: Butler Land & Timber Co

Listed By: Danny Rolling · License AL 000099095-0 Show Phone

Source: Crexi

Added: Feb 26 Changed: Nov 11 Last Checked: Nov 10 at 6:34AM

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Investment Insights

Based on property information with market context.

This office building includes three dedicated offices, a filing room, a break room, and a spacious front area for customer-facing work. The front area also has room for additional offices. A roof replacement was completed in 2017, and the central heating and cooling system has been updated.

The property is at 171 S Forest Ave in downtown Luverne, on a corner lot at a traffic signal. It is across from Preston's Steak House and located on Hwy 331.

Key Highlights

• Three dedicated offices, plus a front area with room for additional offices
• Filing room and break room
• Roof replaced in 2017

Property Analytics

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

Open Analytics

Current Use

City Finance Co Loan Service

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Hair Salon Electrical Service Real Estate Agency

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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

209

Businesses Nearby

Explore this area Business Placement

Demographics for 36049, AL

5,299

Population

2,448

Households

2.2

Avg Household Size

44

Median Age

18%

College-Educated

83%

High-School Grad

161.0 sq mi

ZIP Area

33

Density / Sq Mi

$53,073

Median Household Income

$41,155

Median Earnings

$678

Median Rent

$124,000

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

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Frequently Asked Questions

What type of property is this?

Office building - Three private offices, a filing room, and a break room support day-to-day business operations.

Where is this office building located?

The property is located at 171 S Forest Ave Luverne, AL.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: Three dedicated offices, plus a front area with room for additional offices; Filing room and break room; Roof replaced in 2017