1632 South Court Street Hospitality
  • Asking Price
    $950KAsking Price
  • Price/SF
    $152.37Price/SF
  • Size
    6,234 SFSize
  • Built
    1915Built
  • Acres
    ~1.70 acAcres

Description

1632 South Court Street is a 6,234 SF hospitality property for sale in Downtown Montgomery at 1632 South Court Street, Montgomery, AL. Built in 1915, the Property pairs a substantial building with a 1.7-acre site, giving a hospitality buyer room to think about the guest experience beyond the building itself.

The Property is positioned for a bed-and-breakfast or event-center operator. Interior spaces shown in the offering include a parlor set for private dining, a kitchen, a sunroom and a honeymoon suite, offering a starting point for both gatherings and overnight stays. Ample on-site parking supports those uses by giving guests a place to arrive at the Property. The building’s 1915 construction also gives an operator a distinct identity around which to shape the hospitality concept.

Troy University Montgomery, with 4,000± students enrolled, is within 5 blocks. The Alabama State Capitol is 1.9+ miles away, the I-85/I-65 connection is 2.3+ miles away, and Maxwell Air Force Base is 3.7+ miles away. Those destinations place the Property within reach of university, government and military-related visitors. Downtown also includes 893 hotel rooms and 600± existing residential units, with further residential development and 2 new boutique hotels in development, giving an operator a wider setting for its concept.

The asking price is $949,900, or $152.37 PSF. For a buyer focused on lodging, private events or a combination of the two, the acquisition brings together the building, its 1.7-acre site and on-site parking under one hospitality vision. Zoning is B-1-b-q & R-60-m, an important part of planning the intended operation.

Highlights

  • Excellent Bed and Breakfast and Event Center
  • Ample on-site parking
  • 600± Residential Units existing and more in development, 893 Hotel Rooms in Downtown, 2 New Boutique Hotels in Development
  • 4,000± Students enrolled at Troy University Montgomery within 5 Blocks
  • 1.9± Miles from Alabama State Capital
  • 2.3± Miles from I-85/I-65
  • 3.7± Miles from Maxwell Air Force Base: Serving 25,000 Active Duty
  • Guard
  • Reserves
  • Contractors
  • and Retirees

Property details

  • Maxwell Air Force Base: Serves 25000 active duty
  • Guard
  • reserves
  • contractors
  • and retirees
  • Air Force University attendance: Over 20000 annually
  • Total households within 1 mile: 3833
  • Total households within 3 miles: 23704
  • Total households within 5 miles: 47183
  • Total population within 1 mile: 9738
  • Total population within 3 miles: 63730
  • Total population within 5 miles: 124468
  • Average household income within 1 mile: $42795
  • Average household income within 3 miles: $44901
  • Average household income within 5 miles: $50334
  • Photographed room: Lady-by-the-Sea
  • Photographed room: Hillcrest Manor Sunroom
  • Photographed room: The Honeymoon Suite
  • Photographed space: Parlor set for Private Dinner
  • Described property use: Bed and breakfast and event center
  • Parking: Ample on-site parking
  • Nearby residential development: 600± existing residential units, with more in development
  • Downtown hotel supply and development: 893 hotel rooms downtown; 2 new boutique hotels in development
  • Nearby Troy University Montgomery enrollment: 4,000± students within 5 blocks
  • Distance to Alabama State Capital: 1.9± miles
  • Distance to I-85/I-65: 2.3± miles
  • Distance to Maxwell Air Force Base: 3.7± miles
  • Maxwell Air Force Base population: 25,000 active duty, Guard, Reserves, contractors, and retirees
  • Air Force University annual attendance: Over 20,000
  • Households within 1, 3, and 5 miles: 3,833; 23,704; 47,183
  • Population within 1, 3, and 5 miles: 9,738; 63,730; 124,468
  • Average household income within 1, 3, and 5 miles: $42,795; $44,901; $50,334
  • Businesses and institutions shown on nearby retail map: Troy University, Montgomery Biscuits, Renaissance Hotels, Montgomery Advertiser, Montgomery Chamber, Chris’ Hot Dogs, and Mellow Mushroom

Offering Summary

  • Asking Price
    $949,900
  • Price PSF
    $152.37
  • Property Type
    Hospitality
  • Size
    6,234 SF
  • Properties
    1
  • Built
    1915
  • Total Acres
    ~1.70 ac

Documents

Property Address

1632 South Court Street
Montgomery, AL 36104

Property Details

  • Property Type
    Hospitality

Deal Team

Steve Hughes profile image

Steve Hughes

Chief Operating Officer, CCIM, CPM
Moore Company Realty