525 Greenville Bypass, Greenville, AL 36037
sale
$799,900
|
Other
Courtesy Of First Realty of Greenville, Inc.
Excellent commercial investment opportunity offered at $799,900! This approximately 9400 sq ft. multi-tenant bldg is situated on a prominent corner lot along Greenville Bypass and offers established income with significant potential for additional revenue. The largest portion of the bldg is currently leased at a base rent of $37,454.40 annually. The tenant also pays approx. $4,284 in property taxes, $3432 in insurance, $4728 in janitorial expenses, and $240 in annual pest control. An addition 1721 sq ft suite is currently availabla for lease at $1600 per month representing additional annual base rent of $19,308.Once leased at the current asking rate, total base rental income from these two spaces would be approx. $56,762 annually. The middle suite is presently occupied rent-free by a non-profit organization, offering further potential for increased future income. With an established tenant, multiple rentable spaces, excellent visibility, and a desirable corner location, the property offers an attractive combination of current income and value-add potential for an investor or owner-user.
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Copyright © 2026 Montgomery Area Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: 21-30 Years Old
- Cooling System: Heat Pump
- Exterior Type: Concrete
- Exterior Type: BrickVeneer
- Exterior Type: MetalSiding
- Floor Covering: Concrete
- Floor Covering: Carpet
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: BEG 29' E NE COR NE 1/4 NE 1/4 SWLY ALG ROW OF OLD CONECUH ST 177'(S) TO POB TH CONT SWLY 115.65' TH SWLY ALNG FLAIR 151'(S) TH NWLY ALNG HWY 245 12'(S) TH NWLY 288'(S) SELY 271.05 TO POB S14 T10 R14 CTG 0.88AC AND Parcel 0806141000003002
- MLSID: 590539
- Parking Spaces: 30
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