Mixed-Use Development in Florence,
For Lease
Contact for pricing
205 South Marengo Street, Florence, AL 35630
Mixed-use development with retail, restaurant, multifamily, and single-family homes.
Space SizeContact for details
Days on Market280
Property Features for 205 South Marengo Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE | Birmingham
(205) 563-4583
Listed By:
Shannon Tyndall
(205) 563-4583
Source:
Cbre
Added: Nov 22, 2025
Changed: Aug 14
Last Checked: Aug 29 at 6:14AM
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 CBRE | Birmingham
Investment Insights
Based on property information with market context.
The West Village Mixed Use Development, currently under construction, will offer 25,764 square feet of retail and restaurant space, along with 117 multifamily units and 64 single-family homes. Located in Florence, AL, this development aims to provide new commercial spaces and residences. The walkable design will incorporate an entertainment area suitable for gatherings, concerts, and community events. The initial phase, encompassing commercial buildings 3, 4, and 5, is scheduled to open in Q1 of 2027.
Key Highlights
- Mixed‑use development featuring retail, restaurant space, multifamily units, and single‑family homes.
- Located in the growing City of Florence, AL.
- Walkable design promoting community interaction.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
909
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Mixed-use development with retail, restaurant, multifamily, and single-family homes.
Where is this shopping center located?
The property is located at 205 South Marengo Street Florence, AL.
What are key features of this property?
This property features: Mixed‑use development featuring retail, restaurant space, multifamily units, and single‑family homes.; Located in the growing City of Florence, AL.; Walkable design promoting community interaction.
