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163-177 Lee St
Montgomery, AL 36104
163-177 Lee Street · Retail Property For Sale
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
$564,280 CAD
Price Per SF
$91.60 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
Property Taxes
| Parcel Number | 11-01-12-4-404-027.000 | Improvements Assessment | $52,534 CAD |
| Land Assessment | $28,073 CAD | Total Assessment | $80,607 CAD |
Property Taxes
Parcel Number
11-01-12-4-404-027.000
Land Assessment
$28,073 CAD
Improvements Assessment
$52,534 CAD
Total Assessment
$80,607 CAD
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