Skip To Content

3441 Malcolm Dr

Montgomery, AL 36116
  • $3,500,000
  • STATUS: Active
  • ON SITE: 806 days
  • MLS #: 845492
UPDATED: 16 min ago
$3,500,000
  • 0
    BEDS
  • 2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,720
    SQFT
  • $187
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2008
County:

School Ratings & Info

Listing provided courtesy of Keller Williams Realty Vestavia.
© 2021 Greater Alabama MLS.



Description

Excellent Class A Retail property for sale. Occupancy rate is 90%, with multiple tenants. Cap Rate is 8.05%, and the parking ratio is 6.36 / 1,000 Sq. Ft. Rental rates increase annually at a rate of 5%. Great investment opportunity.

Monthly Payment Calculator



© 2021 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Howard Whatley | RE/MAX Southern Homes. Data last updated: 2021-06-19T20:30:10.01.

www.topbirminghamhomes.com/homes/93359277
Print Image

3441 Malcolm Dr Montgomery, AL 36116

  • Price: $3,500,000
  • Status: Active
  • Updated: 16 min ago
  • MLS #: 845492
0
Beds
0
Baths
0
½ Baths
2
Acres
18,720
SQFT
$187
$/SQFT
2008
Built
Neighborhood:
Montgomery County
County:
Montgomery
Area:
Montgomery County
Property Description
Excellent Class A Retail property for sale. Occupancy rate is 90%, with multiple tenants. Cap Rate is 8.05%, and the parking ratio is 6.36 / 1,000 Sq. Ft. Rental rates increase annually at a rate of 5%. Great investment opportunity.
Exterior Features

Commercial Property Type Retail Construction Aluminum/SteelConcrete BlockGlassOther Flood Plain YN No Parking Spaces Off Street €€Œ PublicUnassigned Street Property Access Paved RoadSidewalkStreet Frontage

Interior Features

Cooling 2 SystemsCeiling Fans Floors Concrete (Floor)OtherTile/VinylWall-To-Wall CarpetWood Heating 2+ SystemsZoned Interior Sheetrock Rooms KitchenOther OfficesPrivate OfficesPrivate RestroomsPublic RestroomsReception Area

Property Features

Building Name Billingsley Promenade Financing CashConventionalExchange/TradeOther Leases Annual LeasesLong Term LeaseRental Comm Involved Miscellaneous 3 Phase Elec SystemColumns/PostCommon WallFire AlarmHandicapped FeatsSecurity LightingSecurity SystemSmoke AlarmSprinkler System Property Includes EquipmentFixtures Property To Remain Gas StoveRefrigerator Sale Includes Building &Amp; Land Sale Rent For Sale Sales Type As Is Sewer / Septic Connected Type Of Business Food ServiceOffice BuildingProfessional ServiceRetailShopping CenterSports &Amp; Entertainment Water Public Water Year Built Desc Existing Zoning Pud



© 2021 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Howard Whatley | RE/MAX Southern Homes. Data last updated: 2021-06-19T20:30:10.01.

 
https://bt-photos.global.ssl.fastly.net/birmingham/orig_boomver_1_845492-2.jpg https://bt-photos.global.ssl.fastly.net/birmingham/orig_boomver_1_845492-2.jpg https://bt-photos.global.ssl.fastly.net/birmingham/orig_boomver_1_845492-2.jpg
Logo
Howard Whatley | RE/MAX Southern Homes
110 Inverness Corners
Birmingham AL, 35242
Listing provided courtesy of Keller Williams Realty Vestavia.
© 2021 Greater Alabama MLS.