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301 E. Limestone Street

$1,100,000

301 E Limestone St, Florence, AL 35630

Active
Last Updated: 03/26/2025

7,040 sqft

Building Size

0.5197 acres

Lot Area

Details:
Building Size:    7,040 sqft
Lot Area:    0.5197 acres
Class:    A
Year Built:    1995
Floors:    1
Description:

Located at 301 E. Limestone Street in downtown Florence, this two-story office building offers 7,040 square feet of well-appointed commercial space on a 0.53-acre lot. Positioned at the northeast corner of E. Limestone Street and S. Wood Avenue, the property benefits from excellent visibility and is situated directly across from Florence Fire Station #1. With 32 paved off-street parking spaces, the building provides ample parking for employees and visitors.

Owned by Bank Independent and currently occupied by its Mortgage Department, the building features an all-brick exterior and underwent significant updates in 2022, including new flooring, cabinetry, updated bathrooms, fresh paint, and other modern enhancements. The main level includes nine private offices, a conference room, and an open work area currently configured with approximately a dozen cubicles. The lower level features a kitchenette, two restrooms, an additional open work area with 10 cubicles, one private office, and a secure storage area.

Its downtown location provides high visibility, easy access to major roads, and convenient proximity to the University of North Alabama campus, city and county government offices, the courthouse, and a thriving downtown area with restaurants, financial services, and other amenities.

This property will not be available for occupancy until Bank Independent relocates to its new Operations Center, which is currently under construction and scheduled for completion in the spring of 2026. However, Bank Independent is willing to lease the building back from a buyer until their relocation, providing a unique opportunity for an investor seeking stable interim income. With its desirable downtown location, recent updates, and flexible office layout, this building is an excellent option for businesses or investors looking to establish a presence in Florence’s thriving commercial district.

Located on the corner of Limestone and Wood Ave

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