Flex Office and Warehouse
2084 Washington Street Huntsville, AL 35801
2084 Washington Street, Huntsville, AL, 35801
$399,000
For Sale
$399,000
COMMERCIAL - Huntsville, AL
Property Size1,815 SF
Lot Size0.15 Acres
Price / SF$219.83
Days on Market72
Property Features for 2084 Washington Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 1407252002059.000
- Size
- 1,815 SF
- Lot size
- 0.15 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Carpet
Listing agency
Legend Realty
(256) 428-3780
Listed by
Terry Lewis · License #65568
(256) 755-1821
Added: May 13 Updated: Jul 23 at 1:22AM Checked: Jul 23 at 5:06AM
MLS# 21916624
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Investment Insights
Based on property information with market context.
This flex-style building offers a mix of office and operational space, including a lobby/reception area, two well-sized offices, and a large storage room. Shipping and receiving is supported by double doors, and the property is equipped with a professional fire alarm system and a security system. Recent updates include freshly painted interiors and new carpet.
The building includes a fenced-in area and was previously used as a daycare business. Located at 2084 Washington Street in Huntsville, Alabama (Madison County), the property is suited for users seeking an integrated office and storage configuration.
With its defined entry area, dedicated office rooms, and direct shipping/receiving access, the layout supports day-to-day operations from the same footprint as the administrative space.
The building includes a fenced-in area and was previously used as a daycare business. Located at 2084 Washington Street in Huntsville, Alabama (Madison County), the property is suited for users seeking an integrated office and storage configuration.
With its defined entry area, dedicated office rooms, and direct shipping/receiving access, the layout supports day-to-day operations from the same footprint as the administrative space.
Key Highlights
- Multiple‑usage building with 1800+ sq ft and lobby/receptionist area
- Includes 2 good‑size offices plus a large storage room with double doors for shipping and receiving
- Freshly painted interior with new carpet and carpet flooring
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.4k | $20.04 |
| − Vacancy | −$5.5k | −$3.01 |
| EGI | $30.9k | $17.03 |
| − OpEx | −$7.7k | −$4.26 |
| NOI | $23.2k | $12.78 |
1,815 SF · lease $20.04/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$331.3K
$289.9K – $386.5K
NOI $23,188 @ 7.0% cap · market cap 5.81%
Second Best
Flex RnD
$279.1K
$244.2K – $325.6K
NOI $19,537 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$472.6K
$413.6K – $551.4K
NOI $33,084 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Stroh Communications Group
Radio Station
NURTURED BLESSINGS LEARNING ...
Daycare Center
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- Taste of Maine — 2537 sparkman dr nw, huntsville, al 35810
- SoulFood ToGo Hsv — 619 oakwood ave nw, huntsville, al 35811
FAQs
What type of property is this?
Flex space - Functional flex layout includes lobby, reception, offices, storage with double shipping/receiving doors, plus fenced area.
Where is this flex space located?
The property is located at 2084 Washington Street Huntsville, AL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Multiple‑usage building with 1800+ sq ft and lobby/receptionist area; Includes 2 good‑size offices plus a large storage room with double doors for shipping and receiving; Freshly painted interior with new carpet and carpet flooring
