Description

ADDRESS:   4216 Lomac Street, Montgomery, AL 36106

SALE PRICE:   $268,000 or $127 per square foot

LEASE RATE:  $14.00/SF

BUILDING SIZE:   2100 square feet

LOT SIZE:   13,245 sq ft

ZONING:  O-1 Office zone

CURRENT USE: General Office

CHARACTERISTICS:  This nice building on a quiet street was renovated in 2016. It is conveniently located near I-85, Trinity and Montgomery Academy schools and many retail shops, restaurants, etc. This building has a very high land to building ratio with 13 parking spaces, giving it an above average parking ratio of 6.5 spaces per 1,000 SF. It has a great design with 7 small offices, an executive office with private restroom, waiting area, great break room and a work room. There are not many opportunities in Montgomery to own a freestanding office building of this size and investment. Do not miss out by simply looking at the price per square foot! Stop renting and put the money in your pocket over the next 10 years. Great for small service firms of any type. Lease rate is $14.00/SF landlord pays tax, insurance major maintenance.