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1529 Northwood Ave Florence, AL 35630

Sponsored
For Sale
$4,300,000

High-yield commercial property, 9.6 acres.

Property size:
103,694 SF

Description

Added:
Feb 3, 2025
Days on Market:
343
This exceptional income-producing property, located at 1529 Northwood Ave in Florence, Alabama, presents a unique investment opportunity. The 103,694 square foot shopping center, known as the historic Seven Points Shopping Center, enjoys a highly visible and accessible location in the heart of Florence, a central point for the area's traffic flow. The diverse tenant mix includes a variety of established businesses, creating a robust and stable revenue stream. Current tenants represent a range of services and retail offerings, including an Asian food market, nail salons, a children's fun center, a phone company, a laundromat, a Mexican restaurant, and a Dollar General. A remodeled grocery store also contributes to the property's strong occupancy rate. The property sits on a substantial 9.6-acre lot, offering significant potential for future expansion or redevelopment. All information provided is to be verified by the purchaser. This is an exceptional opportunity to acquire a well-established, income-generating commercial property in a thriving Alabama market. The property's central location and diverse tenant base make it an attractive investment for discerning buyers seeking a strong return on investment. Serious inquiries only.

Property Features for 1529 Northwood Ave

General Information

Property type
Other commercial real estate
Square Feet
103,694 SF
Lot Size
418,176 SF

Building Details

Year Built
1957

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Florence
County
Lauderdale
State
Alabama
Longitude
-87.68094
Latitude
34.82975

FAQs

What type of property is this?
Commercial real estate - High-yield commercial property, 9.6 acres.
Where is this commercial real estate located?
The property is located at 1529 Northwood Ave Florence, AL.
What is the asking price?
The asking price for this property is $4,300,000.
More about this property
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