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Investment Highlights

  • Historic Water Avenue, Selma, AL
  • Prime location

Executive Summary

Historic Water Avenue, Selma, AL buildings. Two lounges, one restaurant, existing office spaces, and newly renovated office space included in both adjacent buildings which overlook the Alabama River and the famous Edmund Pettus Bridge. Built in mid- 1800's. Price negotiable if purchased “as is.”

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
21,000 SF
Building Class
C
Year Built
1840
Price
$800,228 CAD
Price Per SF
$38.11 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.64
Lot Size
0.29 AC
Opportunity Zone
Yes
Parking
12 Spaces (0.57 Spaces per 1,000 SF Leased)
Frontage
209’ on Washington St
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Nearby Major Retailers

PNC Bank
Rent-A-Center

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 11-07-36-4-001-013.0000
  • 11-07-36-4-001-014.0000
Land Assessment
$5,275 CAD
Improvements Assessment
$48,300 CAD
Total Assessment
$53,575 CAD
  • Listing ID: 31915917

  • Date on Market: 2024-05-24

  • Last Updated:

  • Address: 1122-1124 Water Ave, Selma, AL 36703

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