Fully Leased Mixed-Use
For Sale
Contact for pricing
315 N Court St, Florence, AL 35630
Renovated commercial building combines a boutique hotel, retail space, dining, and entertainment under NNN leases.
Property Size30,000 SF
Price / SF$203.33
Days on Market160
Property Features for 315 N Court St
General Information
Standard status
Active
Size
30,000 SF
Property subtype
Mixed Use
Occupancy
100%
Investment Type
Net Lease
Net Operating Income
$505,500
Additional Details
Anchor Co-Tenants
The Stricklin Hotel
Building Details
Year Built
1946
Year Renovated
2018
Stories
3
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Birmingham
Listed By:
Brian Higdon · License #AL 000120340
Source:
Crexi
Added: Mar 24
Changed: Aug 29
Last Checked: Aug 29 at 9:27PM
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 Marcus & Millichap - Birmingham
Investment Insights
Based on property information with market context.
The Stricklin Building is a mixed-use commercial property at 315 N Court St in downtown Florence. Originally built in 1946 and substantially renovated in 2018, it contains approximately 30,000 square feet of gross leasable area. The property includes The Stricklin Hotel, a 24-room boutique hotel and event center, along with ground-floor retail, dining, a gift shop, and a basement entertainment venue.
The tenant mix includes Big Bad Breakfast, The Boiler Room, and a boutique gift shop. The Boiler Room features bowling lanes, darts, shuffleboard, and a full-service bar. The property is 100% leased on a triple-net basis, with an approximately eight-year weighted average remaining lease term. Located in Florence’s historic downtown district, the building places hotel guests and visitors within walking distance of restaurants, retail, nightlife, and entertainment venues. Florence has a population of roughly 156,000 and has recorded more than 5% growth since the 2020 Census.
The tenant mix includes Big Bad Breakfast, The Boiler Room, and a boutique gift shop. The Boiler Room features bowling lanes, darts, shuffleboard, and a full-service bar. The property is 100% leased on a triple-net basis, with an approximately eight-year weighted average remaining lease term. Located in Florence’s historic downtown district, the building places hotel guests and visitors within walking distance of restaurants, retail, nightlife, and entertainment venues. Florence has a population of roughly 156,000 and has recorded more than 5% growth since the 2020 Census.
Key Highlights
- Approximately 30,000 square feet of gross leasable area, originally constructed in 1946 and renovated in 2018
- The Stricklin Hotel includes 24 rooms and an event center
- 100% leased on a triple‑net (NNN) basis
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,689
Businesses Nearby
32k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 34%
Mugshots Grill & Bar
Dining
14,962 visits/mo
0.1 miles
Regions Bank
Shops & Services
3,792 visits/mo
0.1 miles
Jimmy John's
Dining
3,305 visits/mo
0.2 miles
Bank Independent
Shops & Services
2,939 visits/mo
0.4 miles
SUBWAY
Dining
2,665 visits/mo
0.0 miles
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 Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated commercial building combines a boutique hotel, retail space, dining, and entertainment under NNN leases.
Where is this mixed-use property located?
The property is located at 315 N Court St Florence, AL.
What is the asking price?
The asking price for this property is $6,100,000.
What are key features of this property?
This property features: Approximately 30,000 square feet of gross leasable area, originally constructed in 1946 and renovated in 2018; The Stricklin Hotel includes 24 rooms and an event center; 100% leased on a triple‑net (NNN) basis
