For Sale
$385,000

1909 Dallas Ave Selma, AL 36701

High-traffic location, excellent income potential.

Overview

Added:
Feb 3
Days on market:
78
This exceptional retail strip mall presents a lucrative investment opportunity in Selma, Alabama. Strategically located across the street from a Winn-Dixie grocery store, a gas station, and a brand-new Jacks restaurant, this property enjoys high visibility and consistent foot traffic. The building itself boasts a recently completed exterior paint job, a durable metal roof, and a freshly painted parking lot, ensuring a well-maintained and attractive appearance. The property comprises five units, with one unit measuring approximately 1600 square feet and the other four units each measuring approximately 750 square feet. Currently, three of the five units are occupied by tenants under existing leases, which will transfer to the new owner. Two units became available in September of this year, offering immediate opportunities for lease-up and increased revenue. The property sits on a 0.7-acre lot, providing ample parking for customers and tenants. This turnkey investment offers a blend of stable income from existing tenants and the potential for significant growth through leasing the vacant units. The prime location and recent improvements make this a highly desirable property for investors seeking a strong return on investment in a thriving commercial area. The asking price is $385,000.

Property Details for 1909 Dallas Ave

Property type
Retail properties
Year Built
2002
Lot Size (sq. ft)
30,492 SF

Location Insight

City
Selma
County
Dallas
State
Alabama
Latitude
32.39761
Longitude
-87.06472

FAQs

What type of property is this?
Retail property - High-traffic location, excellent income potential.
Where is the retail property located?
The property is located at 1909 Dallas Ave Selma, AL.
What is the asking price?
The asking price for this property is $385,000.
How can I contact the broker?
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1909 Dallas Ave
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