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1384 S Forest Avenue - Subway Strip Mall, Luverne, AL

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1384 S Forest Avenue - Subway Strip Mall

Luverne, AL 36049-7311

Property Type:Land Parcel Size:.5 Acres
For Sale Price:$425,000 Price/Acre:$850,000 Price/SF:$19.51

Proposed Use:Pasture/Ranch

On-Site Improv:-

Sale Notes:
This 5,085 square foot building with retail space incorporates 4 / 1200 square foot buildings and located south of Luverne next to Rite Aid Pharmacy and across from Rameys Super Market. Subway is the north corner building, and a government agency called the Alethia House is the south corner. State Farm currently rents one of the interior buildings and the other building is currently for lease. The strip mall was built in 1987, and sits on approximately 25,000 square feet, over 1/2 acre. The site is located along U.S. Highway 331, and is zoned for commercial. There are no adverse easements or encroachments associated with the property, and have all public utilities available. The foundation is a concrete slab with brick exterior walls. It has wood trusses with built up roof cover. The flooring is ceramic tile, carpet, and vinyl tile, with sheet rock covered wood studs and wood paneling. The ceiling is acoustical tile grids and the lighting is hanging incandescent and recessed fluorescent. Each building has its own heating and cooling package system. Property taxes are less than $2,300 per year and is located at latitude 31.6974 longitude -86.2664. You can own this building today wit

Location: Region 11, South Alabama. Located in Luverne, Alabama. Property is 28 miles north of Opp, 22 miles west of Troy, 26 miles east of Greenville, and 46 miles south of Montgomery.Access: 1384 S Forest Ave, Luverne, Alabama 36049

Butler Land & Timber Co Inc
Brad Butler
(334) 335-6784

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