4228 Lomac St - Medical FOR SALE


Montgomery, AL 36106- Outer East
$375,000 USD
334-220-1071
4228 Lomac St, Montgomery, AL for Sale
$375,000 USD
Medical - FOR SALE
1/22
null | 14.56% Cap Rate

4228 Lomac St
Montgomery, AL 36106
Outer East


HIGHLIGHTS

  • Suite 1 includes upstairs space, full kitchen, 2 shared bathrooms & corner office w/ private bathroom. Suite 2 includes kitchenette & 1 bathroom.
  • Lockable door w/ deadbolt between suites, allowing single occupant or owner/occupant with rental unit.
  • Large conference room.

OVERVIEW

Recently updated office building currently occupied by Accounting Firm & Neurology Doctor, FOR SALE. Painting, roof, and lighting recently updated. Flexible layout which can be used by one owner/operator, two or more tenants, or owner/operator in one suite and lease the opposite suite for extra income. Suite 1 has one corner executive office with private bathroom, large conference room, full kitchen, and many other offices upstairs & down, with two shared hallway bathrooms. Suite 2 has four executive offices, a reception area, IT closet, kitchenette, and one shared bathroom. Separate front & back entrances for each suite with all required fire department labels. Fourteen striped parking spaces on concrete parking lot, with enough room to park at least 6 more vehicles around building. Upstairs built out space currently has cubicles, windows, and one executive office. Three separate HVAC units, one for each downstairs suite, and another for upstairs. The entire building has only had two owners and has been very well maintained by both. The interior pictures only show the smaller Suite 2 unit as the larger Suite 1 with the connected upstairs area has been occupied by the CPA firm since the building was constructed. Some interior pictures of Suite 1 are shown in the attached flyer. Owner is happy to schedule a tour for interested parties, but all tours must be scheduled with advance notice as both tenants are professional firms with security requirements.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

14.56%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,615 SF

ZONING

O-1

APN/PARCEL ID

10-06-23-2-006-002.000

ASK ABOUT THIS PROPERTY

Jeremy HawkSouthern Homes Real Estate LLCMore Info
334-220-1071

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Jeremy HawkSouthern Homes Real Estate LLCMore Info
334-220-1071

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.