419 N. Bainbridge St. - 0.71 Acre (31,050 SF) Lot , Zoned T-40

419 N. Bainbridge St Montgomery, AL 36104

419 N. Bainbridge St, Montgomery, AL, 36104
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FOR SALE
Property Type:
Residential Land Development
Amount:
$250,000
Last Verified:
Aug 08, 2024

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Highlights

  • Located in a Qualified Opportunity Zone
  • Zoned T4-0, General Urban Open Zone
  • Allows for mixed-use development
  • Greater variety of commercial functions allowed
  • Commercial uses not limited to corner lots
  • Ideal for duplex/quadplex, retail, & mixed-use investments
  • Strategic Montgomery area location
  • Prime investment opportunity
  • Flexible commercial development options

Description

Introducing a prime investment opportunity located at 419 N. Bainbridge St, Montgomery, AL, 36104. This property offers lucrative potential for mixed-use, duplex, quadplex, or retail. Zoned T4-0, a General Urban Open Zone, it allows for a diverse array of commercial functions, presenting a wealth of possibilities for commercial use and development. It is located in a qualified opportunity zone directly across from the new Columbus Square Apartments in Historic Downtown Montgomery. This property is perfectly poised for customization to suit diverse business needs. Located in the vibrant Montgomery area, this property is a cornerstone for growth and innovation in the commercial real estate landscape. For more information contact Ed Fleming at 334-652-2121.

Explore the vibrant neighborhood surrounding the property in Montgomery, AL. Nestled in the heart of the city, this area boasts a thriving business community, with numerous office buildings and corporate headquarters nearby. Discover an array of dining options, from casual eateries to upscale restaurants, catering to professionals and visitors alike. Immerse yourself in the rich history of this iconic Southern city by visiting nearby landmarks, such as the Civil Rights Memorial and the Alabama State Capitol. With convenient access to major highways and public transportation, this location offers an ideal opportunity for office building investors seeking a prime commercial real estate investment in Montgomery.

Building Size: 2940sq ft
Lot Size: 0.71 acres


Documents

419 N. Bainbridge St. Sale Brochure.pdf

Map of 419 N. Bainbridge St, Montgomery, AL, 36104

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What are Real Estate Incentives?

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."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.