2509 sqft building that has plenty of potential. The downstairs used to be a store (Parkman Grocery and Deli) with a 3-bedroom 1 bath upstairs apartment and a laundry mat in the rear.
This former Candlelight Inn & Suites presents a compelling opportunity for investors seeking a value-add hospitality asset in Montgomery, Alabama. This four-story, 109-room hotel encompasses approximately 60,400 square feet on a 4.51-acre parcel. Offered unencumbered by management or franchise agreements, the property allows new ownership full operational control and the flexibility to implement strategic repositioning initiatives.
Key Highlights:
Unencumbered Asset: The property is free of existing management and franchise obligations, providing new owners with the autonomy to rebrand or reposition the hotel to align with market demands.
Below Replacement Cost: Given the current escalation in construction and labor costs, acquiring this asset at its current pricing offers a significant discount compared to new development, enhancing potential return on investment.
Strategic Location: Situated along W South Blvd, the hotel boasts 250 feet of road frontage with high visibility and traffic count exceeding 20,000 vehicles per day. Its proximity to major demand generators—including Maxwell Air Force Base, Hyundai Motor Manufacturing, downtown Montgomery, and several colleges and hospitals—positions it to attract a diverse clientele.
Value-Add Potential: Opportunities exist to enhance the property’s performance through targeted capital improvements, operational efficiencies, or rebranding efforts, capitalizing on its existing infrastructure and location advantages.
Rooms: 109
Building Size: Approximately 60,399 SF
Lot Size: 4.51 Acres
Year Built: 1971
Stories: 4
Zoning: M-1
Parking: Approximately 154 surface spaces
Montgomery’s diversified economy, anchored by government, education, healthcare, and manufacturing sectors, provides a stable foundation for hospitality ventures. The city’s ongoing development initiatives and infrastructure investments further enhance its appeal as a destination for both business and leisure travelers.
RARE BUSINESS OPPORTUNITY!! Eagle Battery is officially for sale! This well established business is a battery and full service automotive property. There are seven bays with seven lifts, four 4-post lifts and three 2-post lifts. With Mobile HWY frontage, this business is in a prime location to continue to grow and thrive. Roughly $200,000 in inventory, $50,000 in tools/diagnostic equipment, and $40,000 in accounts receivable will be included with the sale (numbers subject to fluctuate). Floor jacks, roller jacks, forklift and too much more to count to be included in the sale. Owner operated for over 40 years with a well-established clientele base. The owner has built a truly thriving and successful operation that is turn key and ready for new owners to step into. With retirement just around the corner, he is ready to pass the torch to the next generation. Don’t miss out on this one. All of the hard work has been done. The only thing needed is someone dedicated enough to continue what the current owner has built.
OPPORTUNITY FOR INVESTORS!!! Prime location with tons of visibility. This property was previously used as a restaurant, and is being SOLD AS -IS Property is being SOLD AS-IS.
Interstate I-85 & US Hwy 80 E property. Almost one acre with more adjoining land available to make whatever size needed. Great visibility on I-85. Located at Exit 16, just east of the new Outer Loop and Chantilly Parkway. Zoned B-2 with all utilities available. This property is in the Town of Pike Road which is one of the fastest growing municipalities in the state of Alabama with one of the highest average family income in the state. Tremendous residential and commercial growth taking place all around this I-85 interchange.
Interstate lot on I-85 and Highway 80 at the Waugh exit, 1 mile east of Montgomery. Lot is 1.13 acres (49,222 sq ft). Adjoining lot totaling .88 acres (38,332 sq ft) also available for a total of 2.01 acres available. Great visibility from I-85 on the northbound side (headed east to Atlanta). This is in an area that is exploding in rooftops and commercial construction. It is next to an existing full service Circle K gas station and Subway and is across the street from the new Waugh Eagle with gas, food and a Guthrie’s Chicken. New hotel and restaurants are expected soon. Zoned B-2 with all utilities available including sewer.
The property is in the Town of Pike Road which is, and has been for some time, the fastest growing municipality in Alabama and has one of the highest per capita income levels in Alabama. It is one mile from the I-85 Outer Loop, 5 miles from Eastchase, 16 miles from the I-85/I-65 interchange in downtown Montgomery and only 2 hours to Atlanta.
Great Commercial Building available on the Greenville Bypass. This property has 2 separate buildings with a covered parking area between the 2 buildings. One building houses the offices with an employee living area including a kitchen, 2 bathrooms, common area and 2 sleeping areas. The sleeping areas could be used as individual offices also. The bathrooms are both handicap accessible and one has a shower.
This property has 2 commercial lots. One lot is 100 X 396 and the other is 100 X 401. The building sits on 1 lot and has plenty of space for additional structures if needed.
The metal building is 24 X 45. The interior is about 15 feet high.
This is a great location and the building is in excellent condition!