1243 Washington St - Storefront Retail/Office FOR SALE


Marion, AL 36756
$1,600,000 USD
334-349-2001
1243 Washington St, Marion, AL for Sale
$1,600,000 USD
Storefront Retail/Office - FOR SALE
1/37
null | Request Cap Rate

1243 Washington St
Marion, AL 36756


HIGHLIGHTS

  • Hardware Store For Sale
  • Large Commercial Building
  • Large Parking Lot
  • Potential is Unlimited
  • Plenty of Room to Build Additional Businesses
  • 460 ft Of Road Frontage

OVERVIEW

Prime investment opportunity located on the main street of town. This income-producing commercial property includes three separate buildings totaling approximately 41,000 sq ft, offering both an operating business and additional leasing potential. The centerpiece of the property is a 21,000 sq ft fully functioning hardware store that serves the local community. The store carries a wide range of inventory including plumbing supplies, lumber, paint, hunting and fishing equipment, power tools, hand tools, and more, making it a well-established retail destination. Additional space includes: 11,000 sq ft retail building – currently vacant, ready for a new tenant or business venture 9,666 sq ft retail building – currently vacant, providing additional income potential Current tenants on the property include a restaurant, the operating hardware store, and an ice machine, providing existing income while leaving room for expansion. The property features a large parking lot with excellent accessibility and high visibility from the main corridor of town. This is a rare opportunity to own a profitable hardware business along with a multi-building commercial investment property with strong rental potential.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marion Commercial Building and Hardware Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.42 AC

LAND SF

236,095 SF

ZONING

Commercial

APN/PARCEL ID

13-06-13-4-001-002.0000

ASK ABOUT THIS PROPERTY

Will HairstonNational Land RealtyMore Info
334-349-2001

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Will HairstonNational Land RealtyMore Info
334-349-2001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.