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Investment Highlights

  • Prime downtown Montgomery location on Lee Street, in the heart of the central business district
  • Within walking distance of the Alabama State Capitol and government offices
  • Surrounded by civic, cultural, and historic attractions that drive strong foot traffic and tourism
  • VALUE ADD - Current annual income ± $22, 200.00
  • Excellent access to major roadways: less than 1 mile to Interstate-65 and Interstate-85

Executive Summary

Prime downtown Montgomery location on Lee Street, in the heart of the central business district
VALUE ADD - Current annual income ± $22, 200.00
Within walking distance of the Alabama State Capitol and government offices
Adjacent to the Frank M. Johnson Jr. Federal Building & U.S. Courthouse (major legal hub)
Near the Civil Rights Memorial Center and Dexter Avenue King Memorial Baptist Church (historic and cultural landmarks)
Close to Old Alabama Town historic district and Riverfront Park along the Alabama River
Excellent access to major roadways: less than 1 mile to Interstate-65 and Interstate-85
Convenient to U.S. Route 80 and other major city thoroughfares for regional connectivity
Surrounded by civic, cultural, and historic attractions that drive strong foot traffic and tourism

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,160 SF
Building Class
C
Year Built
1920
Price
$556,232 CAD
Price Per SF
$90.30 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
T5
Parking
2 Spaces
Frontage
73’ on Lee St

Amenities

  • Dedicated Turn Lane
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
SmartBank
PNC Bank
Regions Bank
Truist
Waffle House
Valley National Bank
Dreamland BBQ

Property Taxes

Property Taxes

Parcel Number
11-01-12-4-404-027.000
Land Assessment
$27,673 CAD
Improvements Assessment
$51,785 CAD
Total Assessment
$79,458 CAD
  • Listing ID: 37836018

  • Date on Market: 2025-09-26

  • Last Updated:

  • Address: 163-177 Lee St, Montgomery, AL 36104

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