323 Bibb St – 40,859 SF Automotive

323 Bibb Street is a 40,859 SF retail property for sale in Montgomery, AL, within the Montgomery Downtown Central Business District. Corner frontage on Bibb Street and Molton Street gives the property an address on both streets and a clear point of arrival.

The 1964 building has 40,859 SF of gross leasable area on 0.61 acres and carries T5 zoning. Formerly a car dealership, it has substantial open space and a ramp to the second floor that was used to showcase automobiles. Those features give a buyer a distinct physical starting point: an open interior to plan around and a second level with a direct connection to the building’s original use. The corner frontage also lets an occupier approach the site from either street.

The downtown setting places the property next to a Staybridge hotel project and 1.42 miles from Maxwell Air Force Base. The offering also places the I-85/I-65 interchange .86 miles away. For a retail buyer or owner-user, the adjoining hotel project and access to the base and interstate interchange help define the property’s position within the Montgomery Downtown Central Business District, while the corner address gives it a presence on two streets rather than one.

Offered at $2,000,000, 323 Bibb Street presents a buyer with an existing building, a former dealership layout and a downtown corner site in one acquisition. The open space and second-floor ramp are central to understanding how the building works; the T5 zoning is an equally important part of planning its next chapter. Explore the Offering Materials for a closer look at the property.

Highlights

• Located in the Heart of the Montgomery Downtown Central Business District
• New 12.5 million dollar hotel project located next door (Staybridge Hotels)
• Corner frontage on both Bibb Street and Molton Street
• Former car dealership with a lot of open space. 2nd floor has ramp to showcase autos
• 1.42 miles from Maxwell Air Force Base: serving 25,000 Active Duty
• Guard Reserves
• Contractors and Retirees
• The Air Force University is attended by 20,000 annually
• .86 Miles from I-85
• I-65 interchange

Property details

• Maxwell Air Force Base: serves 25000 active-duty personnel
• Guard
• reserves
• contractors and retirees
• Air Force University attendance: 20000 annually
• 1-mile households: 1673
• 3-mile households: 18923
• 5-mile households: 44234
• 1-mile population: 4881
• 3-mile population: 50368
• 5-mile population: 118015
• 1-mile average household income: $24746
• 3-mile average household income: $40390
• 5-mile average household income: $49419
• Former use: Former car dealership
• Second-floor ramp: Ramp to the second floor formerly used to showcase autos
• Adjacent hotel project: $12.5 million Staybridge Hotels project next door
• Distance to Maxwell Air Force Base: 1.42 miles
• Maxwell Air Force Base population: 25,000 active duty, Guard, reserves, contractors and retirees
• Air Force University annual attendance: 20,000
• Distance to I-85/I-65 interchange: 0.86 miles
• Total households within 1, 3 and 5 miles: 1,673; 18,923; 44,234
• Total population within 1, 3 and 5 miles: 4,881; 50,368; 118,015
• Average household income within 1, 3 and 5 miles: $24,746; $40,390; $49,419