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Multi-Suite Office Building
New
For Sale
$384,900

503 Coliseum Boulevard, Montgomery, AL 36109

Four self-contained suites feature dedicated HVAC, security systems, and separate entrances.

Property Size5,000 SF
Price / SF$76.44
Days on Market4

Property Features for 503 Coliseum Boulevard

General Information

Standard status Active
Size 5,000 SF
Total Parking Spaces 14
Zoning O-1

Additional Details

Road Access Yes
Office Units 4

Taxes and HOA fees

Annual Taxes $2,583

Amenities

security system
custom solar shades
signage
updated restrooms
dedicated HVAC

Building Details

Buildings 1
Building Size 5,000 SF
Tenancy Multi
Listing Agency: Wills Property Group
Listed By: Charlsey C. Adkins-Wills · License #0106631
Source: Exprealty
Added: Oct 5 Changed: Oct 7 Last Checked: Oct 7 at 2:18PM

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 Wills Property Group

Investment Insights

Based on property information with market context.

This O-1-zoned office building at 503 Coliseum Boulevard contains four self-contained suites, each with two updated restrooms, dedicated HVAC, a security system, and two entrances. The largest suite combines two units and can be reconfigured as separate spaces, creating a potential fifth suite. The property also has a private parking lot with 14 spaces.

Suite D is arranged for medical or professional office use, with a reception area and check-in window, five private offices, a break room, and a utility closet with a deep sink. New carpet and paint are in place in this suite. Suite A can accommodate classroom or gym use, and gym equipment may be negotiated separately. HVAC systems throughout the building have been replaced within the last five years, and large windows have custom solar shades.

The property sits at the corner of Coliseum Boulevard and Biltmore Avenue in ZIP code 36109, an area with about 24,000 residents across more than 10,000 households that has grown since 2019.

Key Highlights

  • Four suites, each with two updated restrooms, dedicated HVAC, a security system, and two entrances
  • Private parking lot with 14 spaces
  • Largest suite combines two units and can be divided to create a fifth suite

Property Analytics

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Current Use

BML Transportation Department Of Transportation Dorrough Steve CPA Accounting Firm Donaldson Allen Insurance Agency Joe W Donaldson ... Insurance Agency

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Restaurant Building Supply

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
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

Demographics for 36109, AL

24,176
Population
11,273
Households
2.1
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
2,139
Density / Sq Mi
$61,059
Median Household Income
$37,876
Median Earnings
$1,108
Median Rent
$134,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Four self-contained suites feature dedicated HVAC, security systems, and separate entrances.
Where is this office building located?
The property is located at 503 Coliseum Boulevard Montgomery, AL.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: Four suites, each with two updated restrooms, dedicated HVAC, a security system, and two entrances; Private parking lot with 14 spaces; Largest suite combines two units and can be divided to create a fifth suite
More about this property
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