Prime industrial investment opportunity offered at a 9.5% cap rate. This 20,400 Sq. Ft. concrete block building sits on approximately 2 acres and is located just off N. Main Street (Hwy. 84) with convenient access to AL-167. Less than 1 mile from Boll Weevil Circle - primary retail corridor in… Read More Enterprise, Alabama. The area has seen significant growth with new U-Haul storage additions and new Legacy Travel Center under development nearby on AL-167. Surrounding establishments in the area include UPS, Uhaul, Army National Guard, AirGas, Enterprise Civic Center and Yancey Parker Industrial Park. The building includes a loading dock with total of 6 roll-up doors 8' - 16' high. 21' eave height and 24' center ceiling height. Building improvements made in 2022-2023: full elastomeric roofing spray, new interior wall and tuff grip floor paint, small office space added with mini-split A/C unit, new 200 AMP panel and updated wiring and 4 commercial-grade AC units. New exterior paint currently in progress. The property is occupied by a single tenant and leased through May 2027 with renewals. Read Less
Courtesy of Shannon Auty, NAI TALCOR 3346998000
Listing Snapshot
Days Online
39
Last Updated
Property Type
Commercial
Square Ft.
20,400
Lot Size
2 Acres
Year Built
1985
MLS Number
201997
Additional Details
Property Access
Road frontage type: "Street"
Building
Built in 1985, Building areatotal: 20,400, Living area: 20,400, 1 building, 1 story, Features: "Loading Dock", Construction materials: "Masonry"
Cooling
"Central Air"
Accessibility Features
Accessibility features: "Not Handicap Accessible"
Heating
"Forced Air"
Lot
2 acres, 87,120 square feet, Size: 2
Parking
15 total parkings
Property
Property type: Commercial Sale, "No Waterfront"
Roof
"Metal"
Security Features
"Security System"
Sewer
"Public Sewer"
Taxes
Tax annual amount: $3,486, Tax year: 2023
Utilities
Electric: "Wiregrass Electric", "3 Phase"
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