For Sale
$600,000

40976 Al-77 Ashland, AL 36251

Four-unit retail center, high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional owner-user opportunity presents a 12,800 square foot, four-unit retail strip center ideally situated on Highway 77 in Ashland, Alabama. Built in 1998, this single-story, Class C property sits on a 1.15-acre lot (APN: 11-04-19-1-000-098.002) and offers significant potential for both investment and occupancy. Currently, two of the four units are occupied under a five-year lease, leaving two spaces available. One vacant unit offers approximately 1,500 square feet, suitable for a restaurant, while another expansive 8,000 square foot space is perfect for a larger retail operation. The total square footage ranges from 1,500 to 8,000 square feet per unit, providing flexibility for various business needs. The asking price for this multi-tenant property is $600,000. This is a rare chance to acquire a well-located retail center with immediate income potential and the opportunity to occupy a significant portion of the space. The high visibility location on Highway 77 ensures substantial foot traffic and exposure. Contact us today to learn more about this outstanding investment and owner-user opportunity.

Highlights

  • 12,800 SF retail strip center on Hwy 77 in Ashland, AL.
  • Four-unit, single-story Class C building on a 1.15-acre lot (APN: 11-04-19-1-000-098.002).
  • Built in 1998, with two of four units under five-year leases.
  • Vacant spaces: 1,500 SF (suitable for restaurant) and 8,000 SF (suitable for larger retail).
  • Asking price: $600,000.

Property Details for 40976 Al-77

Property type
Retail properties, Retail space
Square Feet
1,500 SF
Class
C
Year Built
1998
Buildings
1
Stories
1
Lot Size (sq. ft)
50,094 SF
Units
4

Location Insight

City
Ashland
County
Clay
State
Alabama
Latitude
33.2744813
Longitude
-85.8433182

FAQs

What type of property is this?
Retail property - Four-unit retail center, high-traffic location.
Where is the retail property located?
The property is located at 40976 Al-77 Ashland, AL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 12,800 SF retail strip center on Hwy 77 in Ashland, AL.; Four-unit, single-story Class C building on a 1.15-acre lot (APN: 11-04-19-1-000-098.002).; Built in 1998, with two of four units under five-year leases.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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40976 Al-77
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