Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1967 Walnut St Montgomery, AL 36106

    For Lease
    $9 SF/Yr ($4,113 /Mo)

    Prime Montgomery Retail Space, 3 Suites

    Lot size:
    5,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5,400 square foot retail property, situated at 1963-1969 Walnut Street, offers a unique investment opportunity in Montgomery, Alabama. The single-story building, constructed in 1990, features three individual suites, providing flexibility for various retail tenants. Currently, 2,469 square feet are available for lease, presenting a chance to expand your business or attract new tenants. The property sits on a generous 11,243 square foot lot and boasts ample parking with 16 spaces. Conveniently located just off Carter Hill Road, this location provides easy access to Alabama State University, interstates I-65 and I-85, and a vibrant mix of retail, restaurants, and the Montgomery Country Club. The property's B-2 zoning allows for a variety of commercial uses. Electric power services the building. Its proximity to downtown Montgomery further enhances its appeal and potential for growth. This is an ideal opportunity for investors seeking a well-located retail property with significant upside potential. The existing structure presents a solid foundation for immediate occupancy or future redevelopment.

    Property Features for 1967 Walnut St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,400 SF
    Total Rate
    4113

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    1963 Walnut Street
    Size
    1,419 SF
    Rate per SF
    $12
    Space
    1967 Walnut Street
    Size
    1,050 SF
    Rate per SF
    $9

    HighLights

    • 5,400 square foot retail building with three suites.
    • 2,469 square feet of vacant space available.
    • Located on Walnut Street, near Carter Hill Road, offering convenient access to I‑65, I‑85, Alabama State University, and downtown Montgomery.
    • 11,243 square foot lot.
    • 16 parking spaces.
    • Built in 1990, single‑story building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.284312660713
    Latitude
    32.359077787498

    Nearby Similar for Lease

    • $500 /Mo

      Office Suites in Sturbridge Office

      Office suites available for lease in Montgomery, Alabama.
      8191 Seaton Pl, Montgomery, AL 36116
      View Details
    • $2,400 /Mo
      2,439 SF

      Downtown Montgomery Commercial Space Available

      Prime downtown location suitable for retail, office, or restaurant.
      16 S Perry St, Montgomery, AL 36104
      View Details
    • $1.00 SF/Yr
      5,500 SF

      Maxwell Boulevard Restaurant Opportunity

      Prime location for restaurant or retail in Montgomery, Alabama.
      1020 Maxwell Blvd, Montgomery, AL 36104
      View Details
    • $20 SF/Yr
      61,878 SF

      Vaughn Plaza Retail Space

      61,878 SF shopping center with high occupancy and traffic.
      5040 Vaughn Rd, Montgomery, AL 36116
      View Details
    • Contact for pricing

      Spacious Industrial Facility with Office

      Large industrial space with corporate office near major transportation.
      2855 Selma Hwy, Montgomery, AL 36108
      View Details
    • Contact for pricing
      1,601 SF

      Centrally Located Professional Office Space

      Office space for rent with on-site parking and easy access.
      1425 Parkway Loop, Montgomery, AL 36116
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Montgomery Retail Space, 3 Suites
    Where is this retail property located?
    The property is located at 1967 Walnut St Montgomery, AL.
    What is the lease rate?
    The lease rate is $9-$12 SF/Yr.
    What are key features of this property?
    This property features: 5,400 square foot retail building with three suites.; 2,469 square feet of vacant space available.; Located on Walnut Street, near Carter Hill Road, offering convenient access to I-65, I-85, Alabama State University, and downtown Montgomery.
    Request Owner's contact information
    1967 Walnut St Montgomery, AL 36106
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1967 Walnut St
    Montgomery, AL 36106
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1967 Walnut St Montgomery, AL 36106
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.