1632 Court St Montgomery, AL 36104
- Commercial real estate
- 6,234 SF
- 1.70 lot acres
Current Use by Public Records
- Hillcrest Manor Bed and Breakfast / Lodge / Wedding Planner
Property Details for 1632 Court St
- Year built
- 1915
- Lot size
- 1.70 lot acres
- Property size
- 6,234 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 6,234 square foot retail building situated on a 1.7-acre lot in Montgomery, Alabama's vibrant Central Business District. Built in 1915, the property is zoned B-1-b-q & R-60-m, offering considerable flexibility for a variety of uses. Currently vacant, this multi-tenant building presents a blank canvas for a savvy investor to capitalize on the area's robust growth. The location boasts proximity to key attractions, including the Federal and Montgomery County Courthouses, and benefits from a high concentration of employees within a one-mile radius (35,826). Furthermore, the property's strategic position near Troy University Montgomery (4,000+ students within 5 blocks), numerous hotels (including two new boutique hotels under development), and major transportation arteries (1.9 miles from the Alabama State Capital, 2.3 miles from I-85/I-65) ensures high visibility and accessibility. The proximity to Maxwell Air Force Base (3.7 miles), with its substantial population of active duty personnel, contractors, and retirees, further enhances the property's investment potential. Ample on-site parking is available, adding to the property's appeal. The asking price for this prime retail space is $949,900. This represents a unique chance to acquire a well-positioned asset in a thriving urban core.
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
- Montgomery
- County
- Montgomery
- State
- Alabama
- Longitude
- -86.3090304
- Latitude
- 32.3573899