365 River St E - Freestanding FOR SALE


Coffeeville, AL 36524
$125,000 USD
305-206-1286
365 River St E, Coffeeville, AL for Sale
$125,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

365 River St E
Coffeeville, AL 36524


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former Family Dollar & Dollar Tree | 2022 Built | 1.4 Acres | AUCTION OCTOBER 27-29
  • 10,542 SF Freestanding Value-Add Retail on 1.4 Acres Available at Substantial Discount Below Replacement Cost
  • Built in 2022; Former Family Dollar & Dollar Tree Combo Store with Open Floor, Rear Storage Room, and Side Door for Deliveries
  • Surrounding Traffic Generators: Dollar General, USPS, Town Hall, Exxon, Fire Dept, and more
  • Strategic Highway Frontage and Visibility on Both US-Hwy 84 with Traffic Counts of 2,310 VPD and River Street with 2,426 VPD
  • Flexible Zoning for a Variety for Redevelopment or Alternative Commercial Uses

OVERVIEW

Marcus & Millichap is pleased to present a vacant, free-standing retail building located at 365 River Street East, Coffeeville, Alabama 36524 (the “Property”). Formerly occupied by Family Dollar/Dollar Tree, the Property is being offered significantly below replacement cost, providing an excellent opportunity for owner/users or investors to acquire a highly visible commercial property with highway frontage at a substantial discount. FIRST BID MEETS RESERVE! Built in 2022, the Property consists of a one-story retail building totaling ±10,542 square feet situated on a ±1.439-acre parcel (±62,690 SF). The site features 41 surface parking spaces and excellent accessibility via one dedicated curb cut along River Street (±2,426 VPD) with dual frontage on Highway 84 (±2,194 VPD). This strategic positioning ensures strong visibility and access. The Property was previously a dual store format occupied on a NNN lease by Family Dollar/Dollar Tree and presents an attractive value-add opportunity for an owner/user or investor to reposition and lease at long-term market rates (CoStar estimated retail rents: $7–$9/SF NNN). With no zoning restrictions in the Town of Coffeeville, the Property allows for a wide variety of commercial uses, providing flexibility for re-tenanting, alternative tenant types, or potential redevelopment. The Property is located in Coffeeville, Alabama, a small town in northwest Clarke County situated approximately ±50-Mi north of Mobile. Positioned directly along U.S. Highway 84, a major east–west transportation corridor, the site benefits from steady regional traffic and connectivity to Monroeville (±50-Mi east), Thomasville (±32-Mi southeast), and Waynesboro, Mississippi (±30-Mi west). This strategic highway access supports both local commerce and cross-regional mobility. The Property sits in a visible location caddy-corner to Dollar General and across from an Exxon station, both of which serve daily consumer and commuter demand. As a local commercial and service hub for Clarke County and surrounding rural communities, Coffeeville draws residents for essential retail, dining, and everyday services. Within a 10-Mi radius, the Property serves a population of nearly 2,000 residents with an average household income (AHHI) of ±$70,370, reinforcing its ability to support retail and service uses. Clarke County’s economy is anchored by forestry, agriculture, and light manufacturing, industries that have long sustained the regional employment base. The county also benefits from proximity to the Tombigbee River, which provides outdoor recreation and supports seasonal tourism that contributes to local commerce. With excellent highway frontage, visibility, and accessibility, the Property is strategically positioned to capture both local and regional demand, offering a compelling opportunity for retail, service, or alternative commercial uses.

FOR SALE DETAILS

PRICE

$125,000 USD

PRICE/SF

$12 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction - REIT Sale | Former Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

-

APN/PARCEL ID

2105162000001000

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

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