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Historic Wedding Venue Building
For Sale
$296,000

15 Franklin Street, Selma, AL 36703

COMMERCIAL - Selma, AL

Property Size6,200 SF
Price / SF$47.74
Days on Market95

Property Features for 15 Franklin Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 4
Lot features City Lot, Historic District, Level
Middle school ,
Directions Located on Franklin Street right off Water Avenue
Subdivision Highland Ave to Franklin St to Jeff Davis Ave
Standard status Active
APN 11-07-36-1-006-043.0000
Size 6,200 SF

Taxes and HOA fees

Tax Description LOT 2 FRANKLIN STREET DIVISION PLAT #1 MB 8 PG 289 S36-T17N-R10E DB 1609 PG 134 (WD)
Tax Annual Amount 87
Legal Description LOT 2 FRANKLIN STREET DIVISION PLAT #1 MB 8 PG 289 S36-T17N-R10E DB 1609 PG 134 (WD)

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air, Electric, Multi Units

Building Details

Year built 1900
Flooring type Concrete, Wood
Building materials BrickVeneer
Listing Agency: RE/MAX Tri-Star · RE/MAX International
Listed By: Mandy Henry · License #0077016
Added: May 8 Changed: Aug 4 Last Checked: Aug 10 at 2:06PM
MLS# 586574

Copyright © 2026 Montgomery Area Association of Realtors 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 historic wedding venue property offers a main floor designed for events and entertaining, with an open-concept layout and smart LED lighting plus projector screens. The space includes a prep kitchen, four bathrooms, and several storage closets. Flooring features original wood and concrete, with exposed brick walls and historic beams that reinforce the building’s character. A second floor provides a flexible, blank-canvas configuration for expanding event space, creating loft-style apartments, office suites, private event rooms, or a personal residence.

The building is located at 15 Franklin Street in downtown Selma, Alabama (Dallas County). Constructed with brick veneer and built in 1900, it is served by electric heating and central air conditioning.

The property supports both commercial and mixed-use possibilities, offering buyers a distinctive historic structure with adaptable indoor space for multiple concepts.

Key Highlights

  • Main floor open‑concept event entertaining space with smart LED lighting and projector screens
  • Prep kitchen, four bathrooms, and several storage closets
  • Second floor blank‑canvas space for expansion, loft apartments, office suites, or private event use

Property Analytics

Current Use

The Anchor Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Dental Office Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

262
Businesses Nearby

Demographics for 36703, AL

11,754
Population
5,661
Households
2.1
Avg Household Size
41
Median Age
10%
College-Educated
84%
High-School Grad
124.9 sq mi
ZIP Area
94
Density / Sq Mi
$30,096
Median Household Income
$32,832
Median Earnings
$711
Median Rent
$74,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Wedding venue - Historic downtown venue with an open-concept main floor for events and a flexible second floor for expansion or living use.
Where is this wedding venue located?
The property is located at 15 Franklin Street Selma, AL.
What is the asking price?
The asking price for this property is $296,000.
What are key features of this property?
This property features: Main floor open‑concept event entertaining space with smart LED lighting and projector screens; Prep kitchen, four bathrooms, and several storage closets; Second floor blank‑canvas space for expansion, loft apartments, office suites, or private event use
More about this property
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