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233 Stokes St NW
Huntsville, AL 35805

$3,500,000 USD

Warehouse For Sale  •  33,300 SF

Property Details

• Property Type Warehouse
• Total Building Size 33,300 SF
• Lot Size 1.23 AC
• Year Built 1962
• Tenancy Multiple

25 Transit Score

56 Walk Score

Highlights

Unlock Potential in Downtown Huntsville: Property is Fully Leased With Significantly Below Market Rents, Presenting an Ideal Value-Add Opportunity

Gateway to Convenience: Seamless Access to Major Arteries I-565 & Hwy 231, Positioning Businesses For Effortless Connectivity in All Directions

Seize Growth Potential: With Rents Currently a Remarkable 68% Below Market Average, There’s a Vast Potential For Significant Income Increase

Agile Leasing Terms: All Tenants Are on Flexible Month-to-Month Leases, Enabling Swift Adjustments to Market Conditions and Maximizing Returns

Fully Occupied Excellence: This Property Boasts 17 Fully Leased Units, Each Averaging a Spacious 1,800 Square Feet, Ensuring a Steady Income Stream

Each Unit Offers a Blend of Office and Warehouse Space, Complete With Convenient Amenities Such as Roll-Up Doors, AC and Dedicated Bathrooms

Public Transportation

Airport	Drive	Walk	Distance
Huntsville International-Carl T Jones Field	20 min	-	13.3 mi