Multi-Building Retail Investment
For Sale
$1,480,000
1243 Washington Street, Marion, AL 36756
COMMERCIAL - Marion, AL
Property Size41,000 SF
Lot Size5.42 Acres
Price / SF$36.10
Days on Market154
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
(855) 657-5263
Listed By:
Will Hairston
855-NLR-LAND
Added: Mar 12
Changed: Aug 4
Last Checked: Aug 12 at 2:06AM
MLS# 11679327
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Investment Insights
Based on property information with market context.
This multi-building retail investment property includes three separate buildings and large on-site parking. The centerpiece is a 21,000 sq ft fully functioning hardware store currently operating on the property.
Additional buildings provide further leasing options, including an 11,000 sq ft retail building and a 9,666 sq ft retail building, both currently vacant. Current tenants on-site include the operating hardware store, a restaurant, and an ice machine.
The property is located on the main corridor of town with high visibility and convenient accessibility from the main street. Set on 5.42 acres, the complex offers a mix of in-place income and space that can be positioned for new tenants.
Additional buildings provide further leasing options, including an 11,000 sq ft retail building and a 9,666 sq ft retail building, both currently vacant. Current tenants on-site include the operating hardware store, a restaurant, and an ice machine.
The property is located on the main corridor of town with high visibility and convenient accessibility from the main street. Set on 5.42 acres, the complex offers a mix of in-place income and space that can be positioned for new tenants.
Key Highlights
- Income‑producing multi‑building commercial property with three buildings totaling approx. 41,000 sq ft
- 21,000 sq ft fully functioning hardware store with existing inventory and local operations
- Two additional retail buildings: 11,000 sq ft and 9,666 sq ft, both currently vacant for new tenants
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 35%
Valero Energy
Shops & Services
5,169 visits/mo
0.3 miles
Krispy Krunchy Chicken
Dining
2,735 visits/mo
0.1 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Multi-building retail complex with a fully functioning hardware store plus two vacant retail buildings and large on-site parking.
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: Income‑producing multi‑building commercial property with three buildings totaling approx. 41,000 sq ft; 21,000 sq ft fully functioning hardware store with existing inventory and local operations; Two additional retail buildings: 11,000 sq ft and 9,666 sq ft, both currently vacant for new tenants
