72 Dexter Ave, Montgomery, AL for sale

Investment Overview

Introducing a prime investment opportunity in the heart of downtown Montgomery. This historic 12,412 SF property, built in 1890 and zoned T5, comprises four units across separate two-story structures, offering unparalleled flexibility for retail and street retail investors. Located along Dexter Avenue, just 0.3 miles from the Alabama State Capitol, this property presents a unique chance to acquire a significant collection of improvements within one of Montgomery's established commercial areas. The multiple building configuration allows for diverse occupancy and redevelopment strategies, making it an ideal choice for savvy investors looking to capitalize on Montgomery's downtown investment potential.

Investment Highlights

• Prime Downtown Montgomery Location along Dexter Avenue, with the property prominently positioned within the downtown street grid.
• Approximately 0.3 miles from the Alabama State Capitol, placing the property in the heart of downtown Montgomery
• Spread across four separate structures, providing flexibility for multiple uses, tenants, or redevelopment concepts.
• Two-Story Structures: The building records identify the improvements as two-story buildings, providing additional vertical space within the downtown footprint.
• Multiple Building Configuration: The four-building layout creates potential for a variety of occupancy and redevelopment strategies, subject to applicable zoning and approvals.
• Strong Downtown Investment Potential: An opportunity to acquire a sizable collection of improvements on a relatively small urban parcel in one of Montgomery's established commercial areas.
• Walkable to Montgomery’s Riverfront, Riverwalk Stadium, Montgomery Performing Arts Centre (MPAC), Equal Justice Initiative (EJI) offices, government offices, restaurants, entertainment, and more