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Listed by ADAM DORN • KELLER WILLIAMS REALTY AUBURN OPELIKA
$ 1,725,000
Est. payment | /mo
19,020 SqFt
$ 1,725,000
Est. payment | /mo
19,020 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 19,020 sqft
Price per Sqft $90
Subdivision Pridgen Commercial
MLS Listing ID 182905
HOA Y/N No
Lot Size 1.330 Acres
Acres 1.33
Property Sub-Type Industrial
Property Description
INVESTMENT OPPORTUNITY. Excellent investment opportunity to acquire a 19,020-square-foot, multi-tenant retail property located in Opelika, Alabama. The property currently features seven established tenants with existing leases remaining in place, providing an immediate income-producing investment with additional upside potential through three available lease spaces.
Recent property improvements include the replacement of multiple HVAC units, as well as a professional roof inspection and the application of a roof restoration and protective coating. These improvements demonstrate continued investment in the property's maintenance and longevity.
Located within a designated Opportunity Zone, the property offers potential tax advantages for qualifying investors, further enhancing its investment appeal. With an established tenant base, existing rental income, recent capital improvements, and opportunities to increase occupancy, this property presents an attractive opportunity for investors seeking a commercial asset with both current income and future growth potential. Please reach out for Rents, Lease information and additional building information.
Recent property improvements include the replacement of multiple HVAC units, as well as a professional roof inspection and the application of a roof restoration and protective coating. These improvements demonstrate continued investment in the property's maintenance and longevity.
Located within a designated Opportunity Zone, the property offers potential tax advantages for qualifying investors, further enhancing its investment appeal. With an established tenant base, existing rental income, recent capital improvements, and opportunities to increase occupancy, this property presents an attractive opportunity for investors seeking a commercial asset with both current income and future growth potential. Please reach out for Rents, Lease information and additional building information.
Location
State AL
County Lee
Area Opelika
Interior
Fireplace No
Building
Lot Description 1-3 Acres
Others
Special Listing Condition Estate
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