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    139 Main St Dothan, AL 36301

    For Sale
    $369,000

    Commercial Sale - Dothan, AL

    Lot size:
    0.11 Acres
    Days on Market:
    182
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 139 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0906242403004000 and 3000
    Lot size
    0.11 Acres

    Building Details

    Year built
    1930
    Floors in Building
    3
    Architectural style
    Other

    TALCOR ALABAMA, LLC dba NAI Whatley (334) 699-8000

    Listing agent Shannon Auty (334) 699-8000

    Listing date Jun 9, 2025

    MLS# 203946 Listing URL

    Copyright © 2025 Dothan Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Dothan Commercial Opportunity

    This commercial property, located on W. Main Street in Dothan, Alabama, includes a single-story and a three-story building totaling approximately 12,105 square feet. The ground floor features a mostly open space, offering a flexible layout suitable for various uses. The upper levels contain older offices and restrooms, presenting an opportunity for revitalization. A shared rear parking lot provides approximately 70 spaces with access from both S. Oates and S. Foster Street. The property is located approximately 150 feet from Dothan's major downtown revitalization projects, including the new Porter Park Events Plaza on Foster Street, Opera House enhancements, the under-construction Wiregrass Arts & Innovation Center, and future plans for a downtown Arena, hotel and other mixed-use developments projected for completion by 2029. The lot size is 0.11 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dothan
    County
    Houston
    State
    Alabama
    Longitude
    -85.39266449309
    Latitude
    31.223564119022

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    FAQs

    What type of property is this?
    Investment property - Unique commercial property near Dothan's revitalization projects.
    Where is this investment property located?
    The property is located at 139 Main St Dothan, AL.
    What is the asking price?
    The asking price for this property is $369,000.
    What are key features of this property?
    This property features: - Opportunity to own a downtown asset in a growing area.; - Located +-150 feet from major downtown revitalization projects (Porter Park Events Plaza, Opera House enhancements, Wiregrass Arts & Innovation Center).; - Large building with approximately 12,105 SF including a single-story and a three-story building.
    (334) 699-8000
    Request Owner's contact information
    139 Main St Dothan, AL 36301
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    Dothan, AL 36301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    139 Main St Dothan, AL 36301
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