162 Lee St Montgomery, AL 36104
- Retail properties
- 153,384 SF
Current Use by Public Records
- 2 Cities Church / Church
Property Details for 162 Lee St
- Property size
- 153,384 SF
- Property type
- Retail properties
Description
This exceptional 153,384 square foot Class B retail property at 162 Lee Street in Montgomery County is ideally situated in the heart of downtown. Its T5 zoning makes it perfect for a variety of uses, particularly a large church or event space. The building's prime location offers unparalleled access to a vibrant and growing community. Within walking distance are the Convention Center, MPAC, the Equal Justice Initiative (EJI) site, key historical tourist attractions, Riverfront Park, numerous hotels, restaurants, retail shops, offices, and entertainment venues. The property benefits from a strong workforce, with approximately 35,826 employees in the immediate downtown area, and a significant student population, including approximately 4,000 Troy University Montgomery students within a four-block radius. Its strategic location offers easy access to major transportation arteries, being approximately 1.5 miles from the I-85/I-65 interchange. Furthermore, its proximity to Maxwell Air Force Base (within 2 miles), serving 25,000 active duty personnel, guards, reserves, contractors, and retirees, as well as the Air Force University with over 20,000 annual attendees, presents a substantial and readily accessible market. This presents a unique opportunity for a business seeking high visibility and a strong customer base in a thriving urban environment. The single-tenant occupancy offers flexibility and control.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.3101
- Latitude
- 32.3765