503 Coliseum Boulevard, Montgomery, AL

Name: 503 Coliseum Boulevard, For Sale in Montgomery - Zoocasa
Brand: Wills Property Group
SKU: 590965
Price: 384900 USD

House

For Sale

Listed price in listed location currency (USD).

$384,900

0014

MLS® 590965

Overview

Key Facts

Type

Levels Commercial Sale

Size 5035 sqft

Garage

Taxes $2,583

Days Active 1

Lot Size

Approx. Age 1976

Avg. Price Per Sqft $76

MLS® Number 590965

Property Address: 503 Coliseum Boulevard, Montgomery, AL, 36109

Average square foot calculated using Size range provided by listing agent.

Description

Well-maintained, 5000 sq. ft, multi-suite office building on the corner of Coliseum Blvd and Biltmore Ave. Zoned O-1. It has excellent visibility, great signage, and a private 14-space parking lot. Each of the four suites is self-contained, each has two updated restrooms, dedicated HVAC, security system, and two entrances. The largest suite (C/E) was combined from two units and can be split back creating a fifth suite for added income. Suite D is move-in ready for a medical or professional practice. It features a reception area with check-in window, five private offices, a break room, a utility closet with deep sink, and new carpet and paint throughout. All HVAC systems have been replaced within the last five years, and custom Just Blinds solar shades cover all large windows. Suite A is a perfect classroom or gym (and current gym equipment is negotiable). The seller commissioned a cost segregation study by CSSI and will transfer it to the buyer for potential accelerated depreciation benefits. The surrounding 36109 zip code has about 24, 000 residents in more than 10, 000 households, and has grown steadily since 2019. It's a strong opportunity for an investor or owner-user.

MLS® Number590965

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1976

Basement

Driveway

Garage Spaces

HeatMultiple Heating Units

A/CMulti Units

Extras

Map

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