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163-177 Lee Street 163-177 Lee St 6,160 SF 100% Leased Retail Building Montgomery, AL 36104 $556,232 CAD ($90.30 CAD/SF)



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
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
Property Taxes
| Parcel Number | 11-01-12-4-404-027.000 | Improvements Assessment | $51,785 CAD |
| Land Assessment | $27,673 CAD | Total Assessment | $79,458 CAD |
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
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163-177 Lee Street | 163-177 Lee St
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