Opelika, AL 36801

$1,725,000
19,475
SqFt

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List Price
$1,725,000
Status
ACTIVE
Days on Market
3
MLS#
182905
Subtype
Commercial Sale
Living Area
19,475
Lot Size
1
Acres
1.33
Subdivision
Pridgen Commercial
MLS Area Major
Opelika

Property Description

INVESTMENT OPPORTUNITY. Excellent investment opportunity to acquire a 19,020-square-foot, multi-tenant retail property located in Opelika, Alabama. The property currently features seven established tenants with existing leases remaining in place, providing an immediate income-producing investment with additional upside potential through three available lease spaces. Recent property improvements include the replacement of multiple HVAC units, as well as a professional roof inspection and the application of a roof restoration and protective coating. These improvements demonstrate continued investment in the property's maintenance and longevity. Located within a designated Opportunity Zone, the property offers potential tax advantages for qualifying investors, further enhancing its investment appeal. With an established tenant base, existing rental income, recent capital improvements, and opportunities to increase occupancy, this property presents an attractive opportunity for investors seeking a commercial asset with both current income and future growth potential. Please reach out for Rents, Lease information and additional building information.

Additional Information

Community Features
Opelika

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Listing courtesy of KELLER WILLIAMS REALTY AUBURN OPELIKA.