4035 Wallace DR, Montgomery, AL 36116
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4035 Wallace DR, Montgomery, AL 36116
4035 Wallace DR, Montgomery, AL 36116
4035 Wallace DR, Montgomery, AL 36116
4035 Wallace DR, Montgomery, AL 36116
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Britt Dowling

Britt Dowling

+1(334) 530-3576
Listed by Jamie Thompson • EXIT Garth Realty
$ 1,650,000
Est. payment /mo
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4035 Wallace DR Montgomery, AL 36116

40,200 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 40,200 sqft

Price per Sqft $41

MLS Listing ID 591700

HOA Y/N No

Year Built 1966

Property Sub-Type Commercial

Property Description

*** EXCELLENT INVESTMENT OPPORTUNITY 10 CAP RATE *** 40,200 sq ft climate controlled industrial warehouse sitting on 5.39 fenced acres with 24/7 Video Surveillance! Established Drive In/Drive Out Vehicle Storage Facility averaging $215,000 gross revenue per year, NOI averaging $170k after expenses. Multiple Income Streams including vehicle storage inside (SOLD OUT), 18 Wheeler Parking outside (room for additional spaces), Climate Control Storage Rooms & Meeting Space! Value add opportunity with plenty of room for Boat/RV Storage expansion outside! Owner retiring and looking for a new operator to buy building and business together!

Location

State AL

County Montgomery

Area Mont-S Montgomery City

Zoning Warehouse

Interior

Interior Features Storage

Heating Multiple Heating Units

Cooling Multi Units

Flooring Wood

Fireplace No

Exterior

Exterior Feature Fence

Utilities Available Electricity Available, High Speed Internet Available, Sewer Available, Water Available

Total Parking Spaces 50

Building

Lot Description City Lot, Level

Story 1

Schools

Middle Schools ,

Others

Tax ID 10-08-34-2-006-009.002

Security Features Fire Sprinkler System

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

NEARBY SCHOOLS & PROPERTIES

Britt Dowling

Britt Dowling

Broker Associate License ID: 000123826

+1(334) 530-3576

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4035 Wallace DR