341 1st St SW - VaIue Add Investment Opportunity 2.96 Acres of Commercial Land Offered at $3,215,700 CAD in Alabaster, AL 35007

ATTACHMENTS

Alabaster Plaza

PROPERTY FACTS

Price $3,215,700 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 2.96 AC

1 LOT AVAILABLE

Lot

Price $3,215,700 CAD
Price Per AC $1,086,385.18 CAD
Lot Size 2.96 AC

512 1st St. SW, 341 1st St. SW, and 395 1st St. SW. Three rental buildings on 2.03 +,- acres. 13,540 +,- sf multi bay flex center remodeled in 2023 4,500 +,- and 1,200 +,- sf flex office warehouses Also includes .93 acre lot and former C-Store.

DESCRIPTION

Located at 512 1st St. SW, 341 1st St. SW, and 395 1st St. SW. Alabaster Plaza has three rental buildings on 2.03 +,- acres. 13,540 +,- sf multi bay flex center remodeled in 2023 4,500 +,- and 1,200 +,- sf flex office warehouses Current Gross Income: $172,000 Also includes .93 acre lot and former C-Store. Value Add redevelopment opportunity for owner, user, investor. Zoning allow micro flex, retail, storage. Will sell separately or together. Adjoining Rent a Center also for Sale. 140’ of road frontage on 1st St SW. Immediate access from Hwy 31 and Hwy 119. Only .6 mile from I-65, Exit 238, just off 119. Zoned B-3 General Business, City of Alabaster Alabaster rated 39th Best Place to Live by Money. Remarkable 60% growth in the last 10 years. Over 345,000 residents located within 5 miles. Adjoining 11059 Hwy 119 Also For Sale Once in a life opportunity priced at $2.25 Million. Contact us for details.

PROPERTY TAXES

  • Listing ID: 33304172

  • Date on Market: 2024-09-25

  • Last Updated:

  • Address: 341 1st St SW, Alabaster, AL 35007