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    506 Sayre St Montgomery, AL 36104

    Sponsored
    For Sale
    $260,000

    COMMERCIAL - Montgomery, AL

    Property size:
    17,887 SF
    Days on Market:
    33
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 506 Sayre St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    11-06-13-1-010-001.000
    Parking
    20
    Size
    17,887 SF

    Building Details

    Year built
    1872
    Building materials
    BrickVeneer

    Partners Realty (334) 277-1077 [email protected]

    Listing agent Neal Bright, Jr. (334) 277-1077 License #0089304

    Listing date Dec 4, 2025

    Copyright © 2026 Montgomery Area Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building Near Peace Memorial

    Constructed in 1872 and extensively renovated in 1982, this historic building, encompassing 17887 square feet, has a rich history serving various purposes in Montgomery. Situated on a generous approximately 1.26-acre lot, the property is located just feet from the nationally recognized Peace and Justice Memorial. The building features multiple large meeting rooms, a freight elevator, a high dock, a walk-in cooler, and various kitchen equipment. It has most recently been utilized as a large event space, offices, and retail space. Multiple major development projects are located just blocks from the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Golden Gates Memorial ... Pet Cemetery

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Law Firm Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.310784
    Latitude
    32.370785

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    FAQs

    What type of property is this?
    Retail space - Renovated historic building near Peace and Justice Memorial.
    Where is this retail space located?
    The property is located at 506 Sayre St Montgomery, AL.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - Generous +/- 1.26 acre lot just feet from the Peace and Justice Memorial.; - Historic building built in 1872 with extensive renovations in 1982.; - Suitable for multiple uses: event space, offices, and retail.
    (334) 277-1077
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    506 Sayre St Montgomery, AL 36104
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    Montgomery, AL 36104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    506 Sayre St Montgomery, AL 36104
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