503 Putnam Street

Office space located just off the downtown square in historic Elba, AL. This gem boasts ample turnkey opportunity for a business. Situated on just under a ½ acre lot next to the levee, this property is a must see for its endless potential. At just over 3,100 SqFt, 503 Putnam St. offers a beautiful clerical entrance and waiting area to host clients/customers. Moving on through the property sit four current offices, two conference rooms, a kitchenette, and five restrooms. Fun fact, the original building was completely washed away by the 1990 flood and rebuilt by the then owner. There was however one thing remaining after the waters receded which was the toilet in the front restroom that is still there today in working condition. With the rebuilt levee this property is no longer in a flood zone. New roof added in 2022. There are two HVAC units (one of which has been replaced less than five years ago) in this building offering an investor the possibility to flip this space into two apartments. Per the City of Elba, this building is zoned as both commercial and residential. Currently there would be one bedroom considered but plenty of opportunity for more. Law library and other books, office furniture, and office equipment all to convey with the sale (seller excluding one antique desk in rear office).