Madison Avenue Parking Lot

313 Madison Avenue Montgomery , AL 36014

313 Madison Avenue, Montgomery , AL, 36014
313 Madison Avenue, Montgomery , AL, 36014 313 Madison Avenue, Montgomery , AL, 36014 313 Madison Avenue, Montgomery , AL, 36014 313 Madison Avenue, Montgomery , AL, 36014
FOR SALE
Property Type:
Other Land
Amount:
$199,500
Last Verified:
Dec 06, 2023

Highlights

  • 36 parking stalls - potential to produce $15,000 to $20,000 annually.
  • Rare vacant lot with 75' of frontage on Madison Avenue - potential development site.
  • Great ingress/egress to Madison Avenue.

Description

Rare vacant lot on Madison Avenue. This lot currently features 36 income-producing parking stalls, with potential income of $15,000 to $20,000 annually. Property is at the heart of the Montgomery CBD with a daytime population of 22,000, and within walking distance to over 2,000,000 s.f. of class A office space. Could be kept as a low maintenance parking lot, or developed. Zoning is T4-0.

The site features 75' of frontage on Madison Avenue, with excellent access and visibility. Located across from RSA Tower Complex which has 573,526 square feet of office space. Rare opportunity to purchase land in this great downtown location.

Lot Size: 0.28 acres


Documents

NEW - Brochure (L)
NEW - Brochure (L)

Map of 313 Madison Avenue, Montgomery , AL, 36014

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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