11 Railroad St Montgomery, AL 36104
This exceptional 3,311 square-foot office warehouse, located in downtown Montgomery, Alabama, presents a unique investment opportunity. Built in 1960 and completely renovated in 2024, this single-tenant property sits on a 0.259-acre lot and is zoned M-1. The building boasts a fresh interior with new flooring and paint, a large window front enhanced by a soon-to-be-installed awning, and a spacious showroom/reception area featuring a large customer counter. The functional layout includes two offices, one bathroom, and a dedicated warehouse area with optional pallet racking. Access to the building and yard is convenient, with entrances from both East Railroad Street and North Perry Street. Exterior improvements include a brand-new roof featuring architectural shingles and TPO. The property also includes one loading dock, making it ideal for businesses requiring efficient loading and unloading capabilities. This versatile space is suitable for a variety of uses, including coworking, traditional office, and warehouse operations. The property's prime downtown location offers excellent visibility and accessibility. This is a rare opportunity to acquire a fully renovated, functional space in a thriving urban setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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