532 Clay St Montgomery, AL 36104

Property Details for 532 Clay St

Year built

1890

Construction

WOOD

Lot size

0.22 lot acres

Property size

4,255 SF

Zone code

T4-R

Property type

Office buildings

APN

11-01-12-3-006-011.001

APU

1101123006011001

Description

This exceptional investment opportunity presents a charming, historic building at 532 Clay Street in Montgomery, Alabama. The 4,255 square foot property, built in 1890, is currently 100% occupied, generating strong income streams. The ground floor houses Goat Haus Biergarten, a thriving restaurant. The second floor comprises a residential unit with a lease expiring in 2027, generating $1,600 monthly rent, and an Airbnb space averaging $1,200 monthly income. The property sits on a 0.22-acre lot and is zoned T4-R, allowing for versatile retail or restaurant uses. Its prime location in downtown Montgomery offers high visibility and proximity to major transportation, amenities, and over 1,000 hotel rooms within a short distance, including 600 within three blocks. The building's historic charm is complemented by modern conveniences, and its location is approximately 1.1 miles from the I-85/I-65 interchange and 1.7 miles from Maxwell Air Force Base, serving a substantial population of active duty personnel, contractors, and retirees. This presents a unique chance to acquire a profitable, established business with significant upside potential in a vibrant, growing city. The asking price is $799,000, translating to $187.78 per square foot.

Location Insight

City

Montgomery

County

Montgomery

State

Alabama

Longitude

-86.3182

Latitude

32.3769

CBSA code

33860

CBSA name

MONTGOMERY, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments