1711-1703 59Th St Valley, AL 36854
- Retail properties
- 6,306 SF
- 0.30 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1711-1703 59Th St
- Year built
- 1960
- Lot size
- 0.30 lot acres
- Property size
- 6,306 SF
- Property type
- Retail properties
Description
This exceptional five-unit retail property, located at 1711-1703 59th St East in Valley, Alabama, presents a compelling investment opportunity. Boasting a total of 6,306 square feet on a 0.3-acre lot, the property enjoys a prime location, offering high visibility directly off Highway 29 and convenient access to I-85 (less than 10 minutes away). Currently operating at full occupancy, this asset provides immediate and consistent cash flow. Recent upgrades significantly enhance the property's value and appeal. These improvements include new HVAC systems in two units, new luxury vinyl tile (LVT) flooring and toilets in three bathrooms, and new carpet, paint, and ceiling tiles in three units. One unit also features a new water heater. Exterior enhancements are equally impressive, with recent caulking and painting of the building exterior, resealing and striping of the parking lot, and a well-maintained rubber membrane roof. The property's ample parking further adds to its desirability. Showings are by appointment only, and viewing hours are restricted. Detailed lease information and further specifics are available upon request. This is a rare opportunity to acquire a well-maintained, high-performing retail center in a thriving location.
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
- Valley
- County
- Chambers (AL)
- State
- Alabama
- Longitude
- -85.1698
- Latitude
- 32.8158
