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Historic Mixed-Use Building
New
For Sale
$1,500,000

120 E Tennessee St, Florence, AL 35630

Downtown property combines former office space with two upstairs apartments.

Property Size7,500 SF
Price / SF$200
Days on Market3

Property Features for 120 E Tennessee St

General Information

Standard status Active
Size 7,500 SF
Property subtype Commercial/Industrial

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,680

Building Details

Year Built 1906
Buildings 1
Listing Agency: EXIT Realty Shoals
Listed By: Jimmy R Johnson · License #000119136
Source: Exitrealty
Added: Sep 1 Last Checked: Sep 2 at 9:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT Realty Shoals

Investment Insights

Based on property information with market context.

This 7,500-square-foot mixed-use property dates to 1906 and includes a ground-floor commercial area formerly used as an attorney office. The upper level contains two apartments, each with two bedrooms and one bathroom, creating a combination of office and residential space within the same building.

The property is located at 120 E Tennessee St in downtown Florence, Alabama. Its existing layout brings commercial and residential components together in a historic building suitable for buyers seeking a mixed-use asset.

Key Highlights

  • 7,500‑square‑foot mixed‑use property
  • Built in 1906
  • Ground floor formerly used as an attorney office

Property Analytics

Current Use

James Irby, P.C. Law Firm

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Electrical Service Garden Center Butcher Computer & Electronic Repair

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,729
Businesses Nearby

Demographics for 35630, AL

32,671
Population
17,371
Households
1.9
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
25.3 sq mi
ZIP Area
1,291
Density / Sq Mi
$44,168
Median Household Income
$29,081
Median Earnings
$783
Median Rent
$153,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown property combines former office space with two upstairs apartments.
Where is this mixed-use property located?
The property is located at 120 E Tennessee St Florence, AL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 7,500‑square‑foot mixed‑use property; Built in 1906; Ground floor formerly used as an attorney office
More about this property
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