This turn-of-the-century commercial building, located in downtown Albany, Georgia, presents an exciting opportunity for investors or entrepreneurs looking to restore and revitalize a piece of history. With over 3700 square feet of prime real estate spread across two stories, this property offers immense potential for redevelopment or renovation projects.
Property Features:
Once a thriving chiropractic practice, the building retains remnants of its past with traces of treatment rooms and waiting areas. Its historic charm and architectural significance add to its appeal, making it a unique investment opportunity. Although the property is in need of repairs, the spacious interior and prominent location make it an ideal canvas for transforming it into a thriving business or cultural hub in the heart of Albany’s downtown district.
Interior Details:
The building features 4 bedrooms and 3 bathrooms, including 2 full bathrooms and 1 half bathroom. With a total interior livable area of 3,735 sqft, there is ample space to bring your creative vision to life. The flooring is described as “See Remarks,” offering flexibility for customization and design choices.
Additional Information:
Situated on a 0.51-acre lot, the property offers views and waterfront features, adding to its unique appeal. Constructed in 1906, this multi-family property, attached to another structure, provides opportunities for various uses, such as apartments or other commercial ventures. The materials used in construction include vinyl siding and a frame, with the roof described as “See Remarks.” With its rich history, spacious interior, and prominent downtown location, this commercial building is a diamond in the rough, waiting to be transformed into a vibrant and thriving space. Don’t miss the opportunity to restore this piece of Albany’s past and contribute to the revitalization of the downtown district.
Price: $62,500
Location: 507 N Monroe St, Albany, GA 31701
From Zillow
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