Listing Detail for MLS: 1829560
Courtesy: Mrg Alabama Inc.

For more information on this listing, please contact...

  • Price:

    • $5,050,000

  • Listing #:
    • 1829560
  • Class:
    • Commercial
  • Status:
    • Active
  • Type:
    • Commercial
  • Bathrooms:
    • 10.00
  • # of Acres:
    • 19.00
  • Address:
    • 3158 Highway 20
  • City:
  • County:
    • MORGAN
  • State:
    • AL
  • Zip:
    • 35601

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Description

This industrial property has 50,100 sq. ft. property space with long term tenants with 19 acres of land. The visionary investor can add another 50,000 sq. ft. to the property in the same complex and take advantage of its great location. There are currently 9 buildings in the 19 acres of land. This property has a value ad opportunity with future rent increase negotiations to current market value and doubling their CAP rate. The owners also have the property next door for sale and it can be sold as a package deal.
  • A/C:
    • - Central Air
    • - Wall Unit(s)
  • Floor Desc:
    • - Concrete
  • Exterior:
    • - Irrigation
    • - Sidewalks
  • Foundation:
    • - Slab
  • Heat:
    • - Natural Gas
  • Parking:
    • - Private
    • - Concrete
    • -
  • Roof:
    • - Metal
    • - Shingle
  • Sewer:
    • - Public Sewer
  • Stories:
    • - 1
  • Days On Market:
    • - 13
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For more information on this listing, please contact...