Fully Occupied Shopping
For Sale
$2,950,000
Pending
Hwy 231 N, Midland City, AL 36350
Commercial Sale, Midland City, AL
Property SizeContact for details
Lot Size4.00 Acres
Days on Market434
Property Features for Hwy 231 N
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
10 Dale
Standard status
Pending
APN
261506243000001.002
Lot size
4.00 Acres
Building Details
Year built
1985
Floors in Building
1
Listing Agency:
Weichert Realtors JBR Legacy Group
(334) 794-7211
Listed By:
Dwayne Bowman · License #72750
(334) 796-4903
Added: Jun 25, 2025
Changed: Aug 19
Last Checked: Sep 1 at 10:06AM
MLS# 204165
Copyright © 2026 Southeast Alabama Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This shopping center is a multi-tenant commercial property with 11 occupied spaces serving a range of daily-needs and professional uses. Existing occupants include a grocery store, pharmacy, doctor's office, restaurant, and several professional offices. The property was built in 1985 and occupies 4 acres, with a large parking area supporting customer and employee access.
Positioned at a prominent corner along Hwy 231 N in Midland City, the center benefits from a visible roadside setting and steady traffic exposure. The sale excludes the Shell Station and two outparcels, which are separate properties. The combination of established occupancy, varied tenant uses, and a sizable commercial site defines the offering.
Positioned at a prominent corner along Hwy 231 N in Midland City, the center benefits from a visible roadside setting and steady traffic exposure. The sale excludes the Shell Station and two outparcels, which are separate properties. The combination of established occupancy, varied tenant uses, and a sizable commercial site defines the offering.
Key Highlights
- 11 occupied tenant spaces
- 4‑acre shopping center site
- Grocery store, pharmacy, doctor's office, restaurant, and professional offices
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
80
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 36350, AL
7,475
Population
3,382
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
78%
High-School Grad
77.3 sq mi
ZIP Area
97
Density / Sq Mi
$55,179
Median Household Income
$36,083
Median Earnings
$780
Median Rent
$169,300
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?
Shopping center - Established retail center with diverse commercial occupants, substantial customer parking, and a prominent corner position.
Where is this shopping center located?
The property is located at Hwy 231 N Midland City, AL.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 11 occupied tenant spaces; 4‑acre shopping center site; Grocery store, pharmacy, doctor's office, restaurant, and professional offices
