433 Madison Ave Montgomery, AL 36104

Property Details for 433 Madison Ave

Lot size

0.37 lot acres

Property size

3,706 SF

Property type

Commercial real estate

Description

This exceptional mixed-use property at 433 Madison Ave in Montgomery, Alabama, presents a unique investment opportunity. Boasting 3,706 square feet, this vacant building features a desirable retail space with an office and waiting area, perfect for a variety of businesses. The property sits on a 0.37-acre lot and includes two buildings, offering ample space and potential for expansion or multi-tenant occupancy. The T4-O zoning permits a range of uses, making it highly adaptable to diverse business needs. Conveniently located in the heart of downtown Montgomery, this property benefits from exceptional visibility and high traffic volume, with Madison Avenue boasting an average annual daily traffic count of approximately 15,210 vehicles. On-site parking is available for both employees and customers, adding to its appeal. Its strategic location offers easy access to major transportation arteries, being only 1.2 miles from I-65 and 1.1 miles from I-85. Furthermore, its proximity to Maxwell Air Force Base (3.9 miles), serving 25,000 active duty personnel, guards, reserves, contractors, and retirees, and the Air Force University, with an annual attendance of 20,000, provides a substantial and stable potential customer base. The asking price for this prime retail and mixed-use property is $540,000. The property is currently vacant, offering immediate occupancy for the new owner. The building features three bays, providing flexibility in layout and design.