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    303 Williams Ave Huntsville, AL 35801

    For Lease
    $21 SF/Yr

    Prime Office Space, Abundant Parking

    Lot size:
    76,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2,500 square foot office condo is available for lease in the desirable Park Plaza complex in downtown Huntsville. Located in a Class B building constructed in 1978, this single-tenant space is part of a two-suite building totaling 76,000 square feet. The suite offers convenient access to Interstate 565 and Memorial Parkway, and is situated within walking distance of Big Spring Park and the vibrant downtown area, providing easy access to numerous businesses, restaurants, and entertainment options. The property features free surface parking directly in front of the suite, facing Gallatin Street, ensuring convenient access for clients and employees. The space is highly divisible, with a minimum leasable area of 690 square feet and a maximum contiguous area of 2,574 square feet. Tenants are responsible for their own utilities and janitorial services. This prime location, between Huntsville's Medical and Downtown Business Districts, offers unparalleled convenience and accessibility within the city's thriving core. The building boasts a two-story design, but lacks elevators. This well-maintained property is a fantastic opportunity for businesses seeking a central and easily accessible workspace in Huntsville's dynamic downtown. The property's proximity to the new Federal Courthouse further enhances its appeal.

    Property Features for 303 Williams Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    76,000 SF
    Class
    B
    Total Rate
    133000

    Building Details

    Year Built
    1978
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 1131-A
    Size
    2,500 SF
    Rate per SF
    $21

    HighLights

    • 76,000 square foot, Class B office building, built in 1978, with two stories.
    • Single‑tenant occupancy, 2,500 square feet of vacant space available, minimum divisible space of 690 square feet, and a maximum contiguous space of 2,574 square feet.
    • Located in Huntsville's CBD submarket, near Lowe Street, with convenient surface parking.
    • Excellent location near Big Spring Park, the Downtown Business District, and the Medical District, offering easy access to I‑565 and Memorial Parkway.
    • Proximity to the Federal Courthouse and numerous amenities, including dining, hotels, and attractions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    American Spine & Rehab Chiropractor Neuropathy Laser Center ... Chiropractor Arcarithm, Inc. Software Company Innovatec Research, Inc. Software Company Huttula Endodontics Endodontist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Huntsville
    County
    Madison
    State
    Alabama
    Longitude
    -86.585286954246
    Latitude
    34.725515547147

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, Abundant Parking
    Where is this office property / space located?
    The property is located at 303 Williams Ave Huntsville, AL.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 76,000 square foot, Class B office building, built in 1978, with two stories.; Single-tenant occupancy, 2,500 square feet of vacant space available, minimum divisible space of 690 square feet, and a maximum contiguous space of 2,574 square feet.; Located in Huntsville's CBD submarket, near Lowe Street, with convenient surface parking.
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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
    303 Williams Ave Huntsville, AL 35801
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