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    250 Commerce St Montgomery, AL 36104

    For Lease
    $17 SF/Yr

    Historic Charm, Modern Amenities

    Lot size:
    38,658 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This stunning Class A office building at 250 Commerce Street in Montgomery, Alabama offers a unique blend of historic charm and modern functionality. Built in 1903 and extensively renovated in 2010, this four-story building boasts 38,658 square feet of total space, with flexible options for tenants. The property is zoned T-5 Smart Code and situated on a 0.73-acre lot in the heart of Montgomery's vibrant downtown. Multiple tenancy is available, with spaces ranging from a minimum of 387 square feet to a maximum contiguous space of 862 square feet. Currently, 1,249 square feet of space is immediately available. The building's traditional office layout is complemented by executive office suites, catering to a variety of business needs. Its prime location in Montgomery County, Alabama, offers excellent accessibility and visibility. This exceptional property presents a rare opportunity to secure prestigious office space in a highly desirable location. The building's rich history and modern upgrades create an unparalleled work environment. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your business in this iconic Montgomery landmark. The zip code is 36104.

    Property Features for 250 Commerce St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    38,658 SF
    Class
    A
    Total Rate
    56376.25

    Building Details

    Year Built/Renovated
    1903/2010
    Stories
    4

    Unit(s) available at that property

    Space
    200
    Size
    966 SF
    Space
    301
    Size
    1,062 SF
    Space
    Suite 310
    Size
    676 SF
    Space
    312
    Size
    372 SF
    Space
    Suite 202
    Size
    862 SF
    Rate per SF
    $19

    HighLights

    • Class A office space available on the second floor.
    • Class A executive suites on the third floor, including conference room and break area access.
    • Four‑story Class A office building, T‑5 Smart Code zoning.
    • Located in Montgomery's downtown entertainment district.
    • Downtown Montgomery employs approximately 35,000 people.
    • Troy University Montgomery (approx. 4,000 students) is within four blocks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dove Physical Therapy, ... Physical Therapy Clinic John Cameron Attorney Attorney The Fox Law Firm Consultant FedEx Drop Box Mailing Service Rice Advisory LLC Financial Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Montgomery
    State
    Alabama
    Longitude
    -86.3124523
    Latitude
    32.3812943

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Charm, Modern Amenities
    Where is this office property / space located?
    The property is located at 250 Commerce St Montgomery, AL.
    What is the lease rate?
    The lease rate is $0.00-$19 SF/Yr.
    What are key features of this property?
    This property features: Class A office space available on the second floor.; Class A executive suites on the third floor, including conference room and break area access.; Four-story Class A office building, T-5 Smart Code zoning.
    Request Owner's contact information
    250 Commerce 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
    250 Commerce St Montgomery, AL 36104
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