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Highway 77 Retail Opportunity
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40976 AL-77, Ashland, AL 36251

Retail property with multiple units and tenant income.

Property Size8,000 SF
Price / SF$46.88
Days on Market690

Property Features for 40976 AL-77

General Information

Standard status Active
Size 8,000 SF
Property subtype Retail

Building Details

Year Built 1998
Listing Agency: InCommercial Property Group
Listed By: Meggie Jenkins · License #BR700358000.
Source: Crexi
Added: Sep 9, 2024 Changed: Jul 6 Last Checked: Jul 29 at 4:55PM

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 InCommercial Property Group

Investment Insights

Based on property information with market context.

Located along Highway 77, this property presents an opportunity for an owner-user. The property includes four separate units, ranging in size from 1,000 to 8,000 square feet. Currently, two of the spaces are occupied by tenants. A 1,500-square-foot vacancy is available, suitable for a restaurant. Additionally, there is an 8,000-square-foot storefront or retail space available.

Key Highlights

  • Located along main Hwy 77.
  • Great owner user opportunity.
  • Offers 4 separate units ranging from 1,000‑8,000 sqft.

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 36251, AL

5,138
Population
2,409
Households
2.1
Avg Household Size
45
Median Age
13%
College-Educated
82%
High-School Grad
146.6 sq mi
ZIP Area
35
Density / Sq Mi
$51,094
Median Household Income
$42,228
Median Earnings
$442
Median Rent
$158,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property with multiple units and tenant income.
Where is this retail space located?
The property is located at 40976 AL-77 Ashland, AL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Located along main Hwy 77.; Great owner user opportunity.; Offers 4 separate units ranging from 1,000‑8,000 sqft.
More about this property
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