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Corner Retail Space
For Sale
$460,000

507 7th Avenue NE, Arab, AL 35016

Business Opportunity, Arab, AL

Property Size1,200 SF
Lot Size0.46 Acres
Price / SF$383.33
Days on Market48

Property Features for 507 7th Avenue NE

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business, Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Parking Lot, Driveway, On Street
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

Amenities

checkout counter
bath
laundry area

Building Details

Year built 2011
Floors in Building 1
Flooring type Concrete
Roof type Shingle
Listing Agency: Re/Max Unlimited · RE/MAX International
Listed By: Lachun Weaver · License #052962
Added: Jul 28 Changed: Sep 12 Last Checked: Sep 13 at 5:06AM
MLS# 21925034

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Investment Insights

Based on property information with market context.

This 1,200-square-foot retail space occupies a 0.46-acre corner lot in Arab, Alabama. The brick-and-stone building was constructed in 2011 and is currently configured for use as a hair salon, with an open interior, checkout counter, bathroom, and laundry area. A slab foundation, concrete flooring, shingle roof, central air, and electric heat are in place.

The property is within Arab city limits and offers access to Highway 231 and Main Street. A concrete parking lot provides 16 spaces, with additional on-street parking and driveway access. Public water and public sewer serve the property.

Key Highlights

  • 1,200‑square‑foot brick‑and‑stone retail building
  • 0.46‑acre corner lot within Arab city limits
  • Concrete parking lot with 16 spaces

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby
69k
Monthly Visits Nearby

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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Frequently Asked Questions

What type of property is this?
Retail space - Open commercial interior includes a checkout counter, bathroom, and laundry area.
Where is this retail space located?
The property is located at 507 7th Avenue NE 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 brick‑and‑stone retail building; 0.46‑acre corner lot within Arab city limits; Concrete parking lot with 16 spaces
More about this property
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