VALUE ADD. Net Investment.

$3.75 to $4/sqft/yr

243 Catoma St, Montgomery, AL 36104

For Lease

Industrial Warehouse

Active

Last Updated: 05/16/2025

Details:

Cap Rate: 6.92%

NOI: $172,992

Building Size: 68,000 sqft

Lot Area: 6.89 acres

Occupancy: 96%

Units: 5

Year Built: 1928

Floors: 2

Offered by

Gene Cody, CCIM

Senior Vice President at Moore Company Realty & Moore Property Management

Moore Company Realty Inc

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Highlights:

Opportunity Zone
Warehouse/Flex Space available!
Originally built as the McGough Chevrolet Dealership
2 truck doors, 5 ground level doors
2 stories
New roof and windows with abundant light, ready for your Business!
Located in the CBD
Excellent parking
The location also has a sprinkler system and is available for immediate occupancy.
Located on three streets: 243 Catoma St., 523 Bibb St. & 134 Wilkinson St.
± 1.1 Miles from I-85/I-65 Interchange

Description:

Presenting a prime leasing opportunity in Montgomery's CBD area. This versatile warehouse/flex space, located at 243 Catoma St, offers a new roof and windows, flooding the interior with abundant natural light. Equipped with excellent parking and a sprinkler system, this property is ready for immediate occupancy, providing a seamless transition for your company. Situated on three streets and just 1.1± miles from the I-85/I-65 interchange, this location offers convenience and accessibility. As part of an Opportunity Zone, this space presents a compelling opportunity for businesses seeking a strategic and flexible property solution.

Investment Retail / Warehouse/ Flex space located in Downtown Montgomery, close to I-65, and located on three streets: 243 Catoma St., 523 Bibb St. & 134 Wilkinson St.