3919 Highway 25, Montevallo, AL 35115

$500,000

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List Price
$500,000
Status
ACTIVE
MLS#
21458173
Days on Market
21
Property Type
Commercial
Lot Size (Acres)
0.35000000000000003
Year Builtsiaon
1999

Property Description

I am the Owner and Listing Agent This offering is for the mechanic shop building only. All tools, equipment, inventory, and business assets located inside the building are the property of the current tenant and are not included in the sale. The building has been occupied by the same tenant for approximately 14 years, demonstrating a strong and stable tenancy. The current lease extends through January 1, 2029, and the tenant has expressed interest in renewing upon lease expiration. I only pay taxes and insurance. I estimate taxes after sale would be $5,100 and insurance around $3,000. The storage units located behind the building are NOT included in this sale. Please refer to the image gallery for the estimated property boundaries. Offers for the entire parcel are not desired, but would be entertained. Property lines, acreage, and legal description are subject to change pending completion of a survey. The asking price is based on a previous appraisal.

Additional Information

Year Built
1999
Region
Calera, Montevallo, Wilton

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Listing courtesy of Keller Williams Metro South.