Back to Search
Retail Buildings on Corner Lot

758 West Main Street Dothan, AL 36301

758 West Main Street, Dothan, AL, 36301
Contact for pricing
For Sale
Claim this Listing
Contact for pricing

Two buildings with redevelopment potential in downtown Dothan.

Property Size3,000 SF
Lot Size0.32 Acres
Price / SF$66.50
AddedMay 14
Days on Market63
Last RefreshJun 27 at 2:25 am

Property Features for 758 West Main Street

General Information

Standard status
Active
Size
3,000 SF
Lot size
0.32 Acres
Property subtype
Retail

Building Details

Year Built
1951

Listing office NAI TALCOR

Listing date May 14, 2026

Source Crexi

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 NAI TALCOR


Investment Insights

Based on property information with market context.

Two buildings are situated on a 0.32-acre corner lot. The first building, located at 758 W. Main St, is a ±1,000 SF retail space currently leased to Alabama Title Loans. The lease expires May 31, 2026, with one renewal option through May 31, 2031. The current gross rent is $1,130.80 per month, with an increase to $1,243.80 upon renewal. The second building, located at 102 Montana St, is a ±2,000 SF metal building leased to a tenant operating a car wash and barber shop on a month-to-month basis at $600 per month. The rear metal building offers flexibility for redevelopment or repositioning, with additional upside potential upon expiration of the retail building lease. The property is located in close proximity to the new City Hall, Porter Park Events Plaza, Wiregrass Innovation Center, Opera House, and other ongoing improvements.

Key Highlights

  • Corner lot location on W. Main Street and Montana Street, near downtown developments.
  • Two buildings on 0.32‑acre lot offering diverse income streams.
  • Building 1 leased to Alabama Title Loans with lease expiring May 31, 2026, and renewal option through May 31, 2031.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $18.0k $6.00
− Vacancy −$1.2k −$0.39
EGI $16.8k $5.61
− OpEx −$5.0k −$1.68
NOI $11.8k $3.93
3,000 SF · lease $6.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$448.4K
$392.4K – $523.1K (±1% cap)
NOI $31,388 @ 7.0% cap · market cap 15.73%
Second Best
Retail
$298.7K
$261.4K – $348.5K (±1% cap)
NOI $20,912 @ 7.0% cap · market cap 10.48%
Theoretical Best
Healthcare Medical
$530.2K
$464.0K – $618.6K (±1% cap)
NOI $37,117 @ 7.0% cap · market cap 18.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Cash Cow Loan Service Consumer Loan Careers Loan Service Alabama Title Loans, ... Loan Service

Suggested Use

Parking Lot & Garage Real Estate Agency Electrical Service Accounting Firm Gym & Fitness Center HVAC Service Grocery & Convenience Store Cafe & Coffee Shop Bakery Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Two buildings with redevelopment potential in downtown Dothan.
Where is this retail space located?
The property is located at 758 West Main Street Dothan, AL.
What is the asking price?
The asking price for this property is $199,500.
What are key features of this property?
This property features: Corner lot location on W. Main Street and Montana Street, near downtown developments.; Two buildings on 0.32‑acre lot offering diverse income streams.; Building 1 leased to Alabama Title Loans with lease expiring May 31, 2026, and renewal option through May 31, 2031.
Contact an agent
(334) 596-7890 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message