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The Poplar Building 2 Properties Offered at $895,525 CAD in Dothan, AL



INVESTMENT HIGHLIGHTS
- Immediate revenue and long-term growth opportunities
- Excellent traffic counts
- Convenient access to major city thoroughfares
- Located in one of Dothan’s primary commercial arteries
- Strong surrounding retail
- Close proximity to residential neighborhoods
EXECUTIVE SUMMARY
The Poplar Building at 1909 Montgomery Highway in Dothan, Alabama presents an exceptional investment opportunity featuring both office and income-producing self-storage components in a high-visibility commercial corridor. The 5,000-square-foot office building includes 21 individual offices, 14 of which are currently occupied, providing steady cash flow with additional upside through lease-up of the remaining suites. Adjacent to the office building is an 11,000-square-foot self-storage facility, currently 50% occupied and offering strong value-add potential; the self storage structure will require a new roof, creating an advantageous entry point for investors seeking to reposition and increase rental income. Located along the heavily traveled Montgomery Highway—one of Dothan’s primary commercial arteries—the property benefits from excellent traffic counts, strong surrounding retail, convenient access to major city thoroughfares, and proximity to residential neighborhoods, making it an attractive option for tenants and storage customers alike. This dual-use property offers both immediate revenue and long-term growth opportunities in a robust and expanding market. Sold as-is.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Price | $895,525 CAD | Status | Active |
| Price / SF | $55.97 CAD / SF | Number of Properties | 2 |
| Sale Condition | Deferred Maintenance | Individually For Sale | 0 |
| Cap Rate | 8.30% | Total Building Size | 16,000 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.69 AC |
| Price | $895,525 CAD |
| Price / SF | $55.97 CAD / SF |
| Sale Condition | Deferred Maintenance |
| Cap Rate | 8.30% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,000 SF |
| Total Land Area | 1.69 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Bldg 1
1909 Montgomery Hwy, Dothan, AL 36303 |
Office | 5,000 SF | 1970 | - |
|
Bldg 2
1909 Montgomery Hwy, Dothan, AL 36303 |
Specialty | 11,000 SF | 1970 | - |
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