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Corner-Lot Storefront Building
For Sale
$460,000

507 7th Avenue, Arab, AL 35016

Business Opportunity, Arab, AL

Property Size1,200 SF
Lot Size0.46 Acres
Price / SF$383.33
Days on Market16

Property Features for 507 7th Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business, Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Driveway, On Street, Parking Lot
Exterior features Lighting
Subdivision S A Solley
Lot features Corner Lot, High Visibility
Directions 231 In Arab To 7th Avenue Beside Mcdonalds. Property On The Right
Standard status Active
APN 1306231000077.000
Size 1,200 SF
Lot size 0.46 Acres

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 2011
Floors in Building 1
Flooring type Concrete
Roof type Shingle
Listing Agency: Premiere Realty Group LLC
Listed By: Lachun Weaver · License #52962
Added: Sep 29 Changed: Oct 7 Last Checked: Oct 14 at 5:06AM
MLS# 21930435

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Investment Insights

Based on property information with market context.

This 1,200-square-foot storefront dates to 2011 and occupies a 0.46-acre corner parcel. The brick-and-stone building has an open interior with a checkout counter, bathroom, and laundry area. A slab foundation, concrete flooring, central air, and electric heat serve the space. The property is currently operating as a hair salon.

Key Highlights

  • 1,200‑square‑foot storefront on a 0.46‑acre corner lot
  • Concrete parking area with 16 spaces
  • Convenient access to Highway 231 and Main Street

Property Analytics

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Current Use

Final Touch Styling ... Hair Salon

Suggested Use

Top Pick Building Supply Storage Facility HVAC Service Grocery & Convenience Store Kitchen & Bath Showroom Electrical Service

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby
69k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 83% Shops & Services 17% Hotels & Casinos 1%
McDonald's Dining
23,804 visits/mo 0.4 miles
SONIC Drive In Dining
12,734 visits/mo 0.4 miles
Burger King Dining
8,772 visits/mo 0.5 miles
Marathon Shops & Services
6,119 visits/mo 0.4 miles
Huddle House Dining
4,155 visits/mo 0.5 miles

Demographics for 35016, AL

17,495
Population
7,372
Households
2.4
Avg Household Size
42
Median Age
22%
College-Educated
89%
High-School Grad
79.0 sq mi
ZIP Area
221
Density / Sq Mi
$60,910
Median Household Income
$36,939
Median Earnings
$758
Median Rent
$192,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Similar Off Market Nearby

  • Buddy's Country Flowers — 229 N Main St, Arab, AL 35016

Frequently Asked Questions

What type of property is this?
Storefront property - An open-plan interior includes a checkout counter, restroom, and laundry area.
Where is this storefront property located?
The property is located at 507 7th Avenue Arab, AL.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 1,200‑square‑foot storefront on a 0.46‑acre corner lot; Concrete parking area with 16 spaces; Convenient access to Highway 231 and Main Street
More about this property
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