Property Listing No Longer Available for Sale

1450 & 1460 Ann Street

Montgomery, AL

Business for Sale - $2,328,064


Property Info

CIMLS#14042
Location
  1450 & 1460 Ann Street
  Montgomery AL 36109
UpdatedOctober 10th, 2006
TypeBusiness
Price$2,328,064

Property Description

3 Buildings 25,000sf +/-, on land area of 2.108 acres +/-, Zoned M-1. Tax ID: 03-10-05-16-03-003-026; 03-10-05-16-03-025.

Current Use:

Office, with Retail Exposure. Highly visible location between the new Walmart and Publix.


Financials

Base Rent: $251,339

Taxes: ($ 4,873)

Insurance: ($ 5,000)

Repairs & Main.:($ 15,000)

Utilities: ($ 3,000)

Lawn Care: ($ 2,000)

Termite Bond: ($ 300)

Total Expenses: ($ 30,173)

NOI: $221,166