Current Use by Public Records
- Office Spaces
Property Details for 1711-1703 59Th St
- Property type
- Office Spaces
- Property subtype
- Land
Description
This exceptional investment opportunity presents a fully occupied five-unit retail building situated in the heart of Valley, Alabama. Located at 1711-1703 59th Street East, this property boasts high visibility and ample parking, enjoying convenient access to Highway 29 and proximity to I-85 (less than 10 minutes away). The asking price is $270,000. Recent upgrades significantly enhance the property's value and appeal. These improvements include new HVAC systems in two units, new LVT flooring and toilets in three bathrooms, new carpet, paint, and ceiling tiles in three units, and a new water heater in one unit. Exterior enhancements are equally impressive, featuring recently caulked and painted exteriors, a resealed and restriped parking lot, and a well-maintained flat roof with rubber membrane roofing. The property's prime location, coupled with its recent renovations and full occupancy, makes this a compelling investment prospect. Given the current high occupancy rate, this property offers immediate cash flow potential. Access is by appointment only, due to restricted hours. Further details and lease information are available upon request. The property is classified as Office and Land, with a commercial subtype. The address is 1711-1703 59th Street East, Valley, AL 36854.
Value Estimations
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AI approach
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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
- State
- Alabama
- Longitude
- -85.1708
- Latitude
- 32.8156
