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Multi-Building Retail Investment Property
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 Market153

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 4 Last Checked: Aug 11 at 9:06PM
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 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.

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

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

222
Businesses Nearby
8k
Monthly Visits Nearby

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

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 - 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
More about this property
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