3615 Railroad St Phenix City, AL 36867
- Specialty properties
- 0.96 lot acres
Current Use by Public Records
- Let's Paint / Art Studio / Art Center
- Molly Maid of Columbus, Phenix City & Auburn / Cleaners / Commercial Cleaning Service
- Fletcher's Gifts / Collectibles Store / Chinaware Store
- The fancy chair covers / Appliance Rental Service
Property Details for 3615 Railroad St
- Year built
- 1979
- Lot size
- 0.96 lot acres
- Property type
- Specialty properties
Description
This exceptional commercial property, located at 3615 S Railroad Street in Phenix City, Alabama, presents a lucrative investment opportunity. Priced at $799,000, the property boasts a substantial 11,564 square feet of office space spread across a single building situated on a 0.96-acre lot. Currently generating a strong monthly rental income of $8,000, the property enjoys high visibility from both Highway 280 and Railroad Street, ensuring excellent exposure. The main structure was originally built in 1979, with a significant addition completed in 2006. A 5,700 square foot section underwent recent renovations, catering to the needs of a modern office environment and is currently occupied by a chiropractor. The building is fully occupied, including an owner's office, providing immediate and consistent cash flow. This prime location in Russell County, Alabama, zip code 36867, offers a blend of established infrastructure and high growth potential, making it an ideal investment for discerning buyers seeking a strong return on investment in a thriving commercial market. The property's strategic location and current occupancy make it a compelling opportunity for both seasoned investors and those new to commercial real estate.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phenix City
- County
- Russell - AL
- State
- Alabama
- Longitude
- -85.0392
- Latitude
- 32.4959
