601 Highland Ave, Selma, AL 36701

Building Details

Building Size 21,017 SF More

Year Built 1973 More

Listing Agency: Red Rock Realty Group

Listed By: Rachel Romano · License #001527860 Show Phone

Source: Redrockrg

Added: Nov 6 Last Checked: Nov 8 at 3:54AM

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Investment Insights

Based on property information with market context.

This operating hotel in Selma includes 55 rentable rooms and has been family-managed. The building dates to 1973, and the existing hotel operation is available for a new owner to continue.

The property occupies 2.2 acres at a hard corner on Highland Avenue. Multiple fast-food restaurants are within walking distance.

Key Highlights

• 55 rentable rooms
• Operating hotel with an existing family‑managed business
• 2.2‑acre property at a hard corner

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Budget Inn Selma Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store Gym & Fitness Center

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

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

300

Businesses Nearby

Explore this area Business Placement

Demographics for 36701, AL

21,448

Population

10,390

Households

2.1

Avg Household Size

42

Median Age

21%

College-Educated

91%

High-School Grad

277.3 sq mi

ZIP Area

77

Density / Sq Mi

$40,466

Median Household Income

$28,852

Median Earnings

$823

Median Rent

$111,000

Median Home Value

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Frequently Asked Questions

What type of property is this?

Hotel - Operating lodging property with a 55-room inventory and an established hotel operation.

Where is this hotel located?

The property is located at 601 Highland Ave Selma, AL.

What is the asking price?

The asking price for this property is $1,695,000.

What are key features of this property?

This property features: 55 rentable rooms; Operating hotel with an existing family‑managed business; 2.2‑acre property at a hard corner