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301 E Limestone St
Florence, AL 35630
Office Property For Sale


Executive Summary
Located at 301 E. Limestone Street in downtown Florence, this two-story office building offers 7,040 square feet of well-appointed commercial space on a 0.53-acre lot. Positioned at the northeast corner of E. Limestone Street and S. Wood Avenue, the property benefits from excellent visibility and is situated directly across from Florence Fire Station #1. With 32 paved off-street parking spaces, the building provides ample parking for employees and visitors.
Owned by Bank Independent and currently occupied by its Mortgage Department, the building features an all-brick exterior and underwent significant updates in 2022, including new flooring, cabinetry, updated bathrooms, fresh paint, and other modern enhancements. The main level includes nine private offices, a conference room, and an open work area currently configured with approximately a dozen cubicles. The lower level features a kitchenette, two restrooms, an additional open work area with 10 cubicles, one private office, and a secure storage area.
Its downtown location provides high visibility, easy access to major roads, and convenient proximity to the University of North Alabama campus, city and county government offices, the courthouse, and a thriving downtown area with restaurants, financial services, and other amenities.
This property will not be available for occupancy until Bank Independent relocates to its new Operations Center, which is currently under construction and scheduled for completion in the spring of 2026. However, Bank Independent is willing to lease the building back from a buyer until their relocation, providing a unique opportunity for an investor seeking stable interim income. With its desirable downtown location, recent updates, and flexible office layout, this building is an excellent option for businesses or investors looking to establish a presence in Florence’s thriving commercial district.
Owned by Bank Independent and currently occupied by its Mortgage Department, the building features an all-brick exterior and underwent significant updates in 2022, including new flooring, cabinetry, updated bathrooms, fresh paint, and other modern enhancements. The main level includes nine private offices, a conference room, and an open work area currently configured with approximately a dozen cubicles. The lower level features a kitchenette, two restrooms, an additional open work area with 10 cubicles, one private office, and a secure storage area.
Its downtown location provides high visibility, easy access to major roads, and convenient proximity to the University of North Alabama campus, city and county government offices, the courthouse, and a thriving downtown area with restaurants, financial services, and other amenities.
This property will not be available for occupancy until Bank Independent relocates to its new Operations Center, which is currently under construction and scheduled for completion in the spring of 2026. However, Bank Independent is willing to lease the building back from a buyer until their relocation, providing a unique opportunity for an investor seeking stable interim income. With its desirable downtown location, recent updates, and flexible office layout, this building is an excellent option for businesses or investors looking to establish a presence in Florence’s thriving commercial district.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,000 SF
Building Class
B
Year Built
2020
Price
$1,499,949 CAD
Price Per SF
$499.98 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,000 SF
Building FAR
0.13
Lot Size
0.53 AC
Opportunity Zone
Yes
Property Taxes
| Parcel Number | 24-06-14-2-001-050.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $207,974 CAD |
Property Taxes
Parcel Number
24-06-14-2-001-050.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$207,974 CAD
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