111 Washington Ave Montgomery, AL 36104
This exceptional Class A executive office building, located at 111 Washington Ave in Montgomery, Alabama, presents a unique investment opportunity. The property, encompassing 9,500 square feet across three stories, is fully occupied and boasts a compelling asking price of $2,900,000 ($305.26/sq ft). Originally two structures dating back to 1848 and 1860, the building underwent a complete renovation in 2013, seamlessly blending historic charm with modern functionality. The thoughtfully designed interior space accommodates approximately 40 staff members, featuring six distinct yet interconnected sections. These include two executive suites with private meeting areas, sixteen individual offices, a central reception area with two adjacent conference rooms, and multiple shared work and recreational spaces. Six unisex restrooms are also provided for convenience. The property further benefits from ample parking, with 22 spaces available in an adjacent lot created by combining and paving two additional lots at 27 and 29 South Perry Street. This turnkey operation offers immediate income generation and a prime location in Montgomery's vibrant downtown area, making it an attractive investment for discerning buyers. The building's single tenancy ensures ease of management and consistent revenue streams.
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Ampersand Coworking Coworking & Hybrid Office
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Stamp Ideas Marketing & Advertising Advertising Agency
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.