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Downtown Montgomery Investment Opportunity
For Sale
$209,000

421 S Mcdonough St, Montgomery, AL 36104

Income-producing property with 16 leased service/office spaces and ample parking.

Property SizeContact for details
Days on Market600

Property Features for 421 S Mcdonough St

General Information

Standard status Active
Listing Agency: Pivot Realty
Listed By: Erica N. Avery · License #0132951
Source: Exprealty
Added: Jan 6, 2025 Changed: Aug 15 Last Checked: Aug 15 at 9:16AM

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 Pivot Realty

Investment Insights

Based on property information with market context.

This is an income-producing property located in Downtown Montgomery, currently operating with leases in place. The property features 16 leased units, functioning as service and office spaces, including two units with office suites. Ample parking is available on the right side of the building and behind it. The paved lot in the rear of the building is an additional parcel included in the sale, enhancing the property's value and utility.

Key Highlights

  • Income‑producing property with existing leases.
  • Located in Downtown Montgomery.
  • Includes 16 leased units operating as service/office spaces.

Property Analytics

Current Use

Alabama Bankruptcy Law Firm Shaxor LLC Advertising Agency Studioland Ala Recording Studio BOMB Productions LLC Music Venue Platform Network LLC Advertising Agency

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,797
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

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 units - Income-producing property with 16 leased service/office spaces and ample parking.
Where is this office units located?
The property is located at 421 S Mcdonough St Montgomery, AL.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: Income‑producing property with existing leases.; Located in Downtown Montgomery.; Includes 16 leased units operating as service/office spaces.
More about this property
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