525 Greenville Bypass, Greenville, AL 36037 (MLS # 590539)

Price $799,900
Status Active
Size 53,143 sqft
Lot Size n/a
Days on Market 8
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.
Property Type(s): Commercial
Last Updated 9/16/2026 Year Built 1999
Community Butler County County Butler

Additional Details

AIR Heat Pump
AIR CONDITIONING Yes
AREA Butler County
CONSTRUCTION Brick Veneer, Concrete, Metal Siding
HEAT Central, Electric
INTERIOR PublicRestrooms
LOT DESCRIPTION City Lot, Level
LOT DIMENSIONS 1.22 Acres
STORIES 1
TAXES 5980
UTILITIES Electricity Available, Phone Available, Sewer Available, Water Available
ZONING Commercial

Location

 

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Listed with First Realty of Greenville
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