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Multi-Building Retail Property
For Sale
$1,480,000

1243 Washington Street, Marion, AL 36756

Commercial Sale, Marion, AL

Property Size41,000 SF
Lot Size5.42 Acres
Price / SF$36.10
Days on Market176

Property Features for 1243 Washington Street

General Information

Property type Commercial Sale
Property subtype Other
High school district 000000
Directions Located on Washington Street in Marion, Alabama
Standard status Active
APN 1306134001001000
Lot size 5.42 Acres
Listing Agency: National Land Realty, Gulf Coast
Listed By: Will Hairston
Added: Mar 12 Changed: Aug 20 Last Checked: Sep 3 at 11:06AM
MLS# 11679327

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail property comprises three separate buildings totaling approximately 41,000 square feet on 5.42 acres. The largest improvement contains 21,000 square feet and operates as a hardware store with inventory spanning building supplies, tools, paint, and outdoor equipment. Two additional structures provide 11,000 square feet and 9,666 square feet, respectively; both are vacant and available for occupancy or repositioning.

The property is located at 1243 Washington Street in Marion, Alabama, along the town’s main commercial corridor. A large parking area supports access to the buildings. Existing occupants include a restaurant, the hardware store, and an ice machine operation, creating a mixed commercial profile across the site.

Key Highlights

  • Three buildings totaling approximately 41,000 sq ft on 5.42 acres
  • 21,000 sq ft operating hardware store
  • 11,000 sq ft retail building currently vacant

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Storage Facility Garden Center Furniture & Home Goods Cafe & Coffee Shop Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 96% Hotels & Casinos 4%
FedEx Office Print & Ship Center Shops & Services
4,563 visits/mo 0.1 miles
Texaco Shops & Services
4,404 visits/mo 0.2 miles
Family Dollar Shops & Services
4,253 visits/mo 0.1 miles
Dollar General Shops & Services
2,190 visits/mo 0.0 miles
Sleep Inn & Suites Hotels & Casinos
707 visits/mo 0.4 miles

Demographics for 36756, AL

4,973
Population
2,272
Households
2.2
Avg Household Size
41
Median Age
17%
College-Educated
81%
High-School Grad
375.5 sq mi
ZIP Area
13
Density / Sq Mi
$34,679
Median Household Income
$19,247
Median Earnings
$616
Median Rent
$98,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Three-building commercial asset with operating retail space and two vacant buildings.
Where is this retail space located?
The property is located at 1243 Washington Street Marion, AL.
What is the asking price?
The asking price for this property is $1,480,000.
What are key features of this property?
This property features: Three buildings totaling approximately 41,000 sq ft on 5.42 acres; 21,000 sq ft operating hardware store; 11,000 sq ft retail building currently vacant
More about this property
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