One-Story Multi-Tenant Strip
For Sale
Contact for pricing
929 West College Street, Florence, AL 35630
One-story multi-tenant strip center on a 1.1-acre parcel with four storefront addresses and a vacated former grocery anchor.
Property Size16,750 SF
Price / SF$23.88
Days on Market52
Property Features for 929 West College Street
General Information
Standard status
Active
Size
16,750 SF
Class
C
Property subtype
Retail
Zoning
Commercial
Occupancy
40%
Investment Type
Value Add
Building Details
Year Built
1963
Buildings
1
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
KW Commercial
Listed By:
Kevin Kohler · License #3381353
(954) 702-6710
Source:
Crexi
Added: Jul 25
Changed: Sep 11
Last Checked: Sep 14 at 6:01AM
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 KW Commercial
Investment Insights
Based on property information with market context.
A one-story, multi-tenant retail strip center totaling 16,750 SF on a single 1.1-acre Lauderdale County parcel, built in 1963. The property is configured around four storefront addresses—921, 923, 925, and 929 W College Street—each sharing the same parcel. Tenant occupancy includes three everyday-needs storefronts on month-to-month terms, plus a vacated 10,000 SF former grocery anchor space with the grocery footprint intact.
West College Street provides the primary access and daily connectivity for the Florence retail market. The University of North Alabama is about a mile away, downtown Florence is under a mile, and a K-3 school opening next door is expected for the 2026-27 school year, bringing weekday family traffic to the center.
As presented, the property offers an opportunity to address the single anchor vacancy within an established neighborhood retail setting, with no new competing neighborhood retail under construction.
West College Street provides the primary access and daily connectivity for the Florence retail market. The University of North Alabama is about a mile away, downtown Florence is under a mile, and a K-3 school opening next door is expected for the 2026-27 school year, bringing weekday family traffic to the center.
As presented, the property offers an opportunity to address the single anchor vacancy within an established neighborhood retail setting, with no new competing neighborhood retail under construction.
Key Highlights
- 16,750 SF one‑story multi‑tenant retail strip center built in 1963
- Single 1.1‑acre Lauderdale County parcel
- Four storefront addresses on the parcel: 921, 923, 925, and 929 W College Street
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Explore this area
Business Placement
Demographics for 35630, AL
32,671
Population
17,371
Households
1.9
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
25.3 sq mi
ZIP Area
1,291
Density / Sq Mi
$44,168
Median Household Income
$29,081
Median Earnings
$783
Median Rent
$153,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - One-story multi-tenant strip center on a 1.1-acre parcel with four storefront addresses and a vacated former grocery anchor.
Where is this strip mall located?
The property is located at 929 West College Street Florence, AL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 16,750 SF one‑story multi‑tenant retail strip center built in 1963; Single 1.1‑acre Lauderdale County parcel; Four storefront addresses on the parcel: 921, 923, 925, and 929 W College Street
