Located just off Interstate 20 in Oxford, Alabama, 134 Elm Street presents a rare large-format commercial opportunity within one of the area’s most established retail corridors. The property features approximately 22,869 square feet and offers exceptional flexibility for a wide range of retail, entertainment, recreation, showroom, event, or adaptive commercial uses. Surrounded by national retailers, restaurants, and service providers, the location benefits from strong visibility, convenient access, and positioning within a proven regional trade area that serves Oxford and the broader East Alabama market. The existing interior offers a unique entertainment-style layout with expansive open space, high ceilings, a stage area, built-out bar and service components, and multiple defined sections that can support a variety of user needs. Combined with ample parking, broad zoning flexibility, and a highly accessible location near major shopping destinations, this property offers an outstanding opportunity for tenants, investors, or owner-users seeking a distinctive space with scale, presence, and repositioning potential.