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Daphne Automotive/Retail/Flex Opportunity

1909 Main Street Daphne, AL 36526

1909 Main Street, Daphne, AL, 36526
$2,100,000
For Sale
$2,100,000

Adaptable building on high-traffic Main Street, suitable for various uses.

Property Size6,500 SF
Lot Size0.90 Acres
Price / SF$323.08
Days on Market178

Property Features for 1909 Main Street

General Information

Standard status
Active
Size
6,500 SF
Lot size
0.90 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
1960
Listing Agency Elite Real Estate Solutions, LLC
Listed by Danny Hart
Source Exitrealty
Added: Jan 19 Checked: Jul 15 at 8:41 pm

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 Elite Real Estate Solutions, LLC


Investment Insights

Based on property information with market context.

Located in Old Town Daphne at the corner of Lea and Main Street across from Lott Park, this property is situated on the high-traffic corridor of North Main Street, providing excellent exposure to both local residents and regional commuters. The property is currently used for automotive services and offers potential for specialty retail conversion, office space, or a restaurant. It is also suitable for service flex businesses such as HVAC, plumbing, or electrical contractors requiring a storefront and warehouse combination. The building, with a size of approximately 6,500 square feet, is currently configured for automotive use but features an open, adaptable floor plan suitable for showroom retail, specialized trade services, or a fitness center. Fuel tanks have been removed, and the soil has been certified by ADEM. The property has dual road frontage, with 160 feet on N Main St and 248 feet on Main St, allowing for easy ingress and egress. The lot size is approximately 0.90 acres. Zoned B-2 (Community Commercial District), the property accommodates a wide range of retail, service, and office uses. Daphne is one of the fastest-growing cities in Alabama, making this a secure location for long-term investment or business expansion.

Key Highlights

  • High‑traffic location on North Main Street in Old Town Daphne, offering excellent exposure.
  • Versatile B‑2 zoning allows for a wide range of retail, service, and office uses.
  • Adaptable 6,500 SF building suitable for retail, trade services, or a fitness center.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $109.2k $16.80
− Vacancy −$9.3k −$1.43
EGI $99.9k $15.37
− OpEx −$30.0k −$4.61
NOI $69.9k $10.76
6,500 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$999.2K
$874.3K – $1.17M (±1% cap)
NOI $69,943 @ 7.0% cap · market cap 3.33%
Second Best
Flex RnD
$550.1K
$481.3K – $641.7K (±1% cap)
NOI $38,504 @ 7.0% cap · market cap 1.83%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,418 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

East Bay Automotive ... Auto Repair Shop

Suggested Use

(Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store HVAC Service Catering Service Plumbing Service (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Enterprise Rent-A-Car — 1990 US-98, Daphne, AL 36526
  • U-Haul Neighborhood Dealer — 1602 Main St, Daphne, AL 36526
  • Hertz Car Rental - Daphne - Highway 98 HLE — 2003 US-98, Daphne, AL 36526

FAQs

What type of property is this?
Automotive property - Adaptable building on high-traffic Main Street, suitable for various uses.
Where is this automotive property located?
The property is located at 1909 Main Street Daphne, AL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: High‑traffic location on North Main Street in Old Town Daphne, offering **excellent exposure**.; Versatile B‑2 zoning allows for a wide range of retail, service, and office uses.; Adaptable 6,500 SF building suitable for retail, trade services, or a fitness center.
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