Selma, AL Mixed-use Properties for Sale

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Valley Grande, AL Marion Junction, AL Tuskegee, AL

Updated: May 8

Historic Downtown Selma Event Venue

15 Franklin Street, Selma, AL 36703

$296,000

6,200 sqft

Historic downtown Selma property currently operating as an event venue
Main floor features open‑concept entertaining space with smart LED lighting and projector screens
Main floor includes a prep kitchen, 4 bathrooms, and several storage closets
Second floor is a flexible blank‑canvas space for expansion or mixed‑use uses
Original wood floors, exposed brick walls, and historic beams help preserve the building’s character

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Updated: May 20, 2025

Mixed-Use Building with Storefront

313 Parkman Avenue, Selma, AL 36701

$39,900

3,805 sqft

Mixed‑use property with commercial and residential components
2509 sqft building offers significant potential for various uses
Includes a 3‑bedroom, 1‑bath upstairs apartment
Features a former store space (Parkman Grocery and Deli)
Contains a laundry mat in the rear of the building

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Selma, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Mixed-Use Building in Wetumpka

100 COURT Street, Wetumpka, AL 36092

$750,000

Three-story historic building in downtown Wetumpka with income-generating tenants.

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Downtown Montgomery Income Property

421 S Mcdonough Street, Montgomery, AL 36104

$229,000

6,430 sqft

Income-producing property with 16 leased units in downtown Montgomery.

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Historic Wetumpka Mixed-Use Building

110 E Bridge St, Wetumpka, AL 36092

$650,000

3,092 sqft

Renovated historic building in downtown Wetumpka, ideal for various uses.

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Retail, Mixed Use

433 Madison Ave, Montgomery, AL 36104

$540,000

3,706 sqft

Mixed-use properties · 3,706 SF

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land with Highway Frontage

4440 HIGHWAY 22, Stanton, AL 36790

$120,000

16.69 AC lot

A 16.69-acre tract with about 1,500 feet of highway frontage and ready-to-harvest planted timber.

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Commercial Land on Highway Frontage

US HIGHWAY 82 lot: 1, Maplesville, AL 36750

$275,000

5.00 AC lot

Mostly level 5+ acre parcel with direct U.S. Highway 82 frontage and visibility for commercial or residential use.

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PUD-Zoned Development Land

8137 Decker Lane, Montgomery, AL 36117

$250,000

1.10 AC lot

1.1+/- acre lot in Montgomery suited for planned commercial, office, or mixed-use development under PUD zoning.

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Columbiana Retail Mixed-Use Land

400 W College Street 2, Columbiana, AL 35051

$590,000

3.99 AC lot

3.99-acre flat parcel in downtown Columbiana with high visibility.

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Off-Market Properties in Selma, AL

Consider similar Off-Market properties in Selma, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

OFFICE/RESIDENTIAL (MIXED USE)

1207 Highland Ave, Selma, AL 36703-4134

Value Estimation by Request

1,727 sqft · 0.23 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

9 Bell Rd, Selma, AL 36701-6703

Value Estimation by Request

6,120 sqft · 0.59 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

2812 Citizens Pkwy, Selma, AL 36701-3913

$800,000

Estimated value

44,687 sqft · 3.07 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

113 Dallas Ave, Selma, AL 36701-5743

Value Estimation by Request

1,290 sqft · 0.13 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

415 Highland Ave, Selma, AL 36701

Value Estimation by Request

1,994 sqft · 0.23 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1631 Broad St, Selma, AL 36701-4202

Value Estimation by Request

5,456 sqft · 0.13 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1111 Highland Ave, Selma, AL 36703-4129

$3,555,000

Estimated value

14,871 sqft · 2.60 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

Water Ave, Selma, AL 36701

Value Estimation by Request

6,152 sqft · 0.13 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

410 Highland Ave, Selma, AL 36701-6225

Value Estimation by Request

2,428 sqft · 0.28 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1116 1st Ave, Selma, AL 36703-4229

Value Estimation by Request

2,019 sqft · 0.25 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1805 Dallas Ave, Selma, AL 36701-7026

$820,000

Estimated value

9,028 sqft · 0.96 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

2100 Highland Ave, Selma, AL 36701-6676

$1,220,000

Estimated value

9,288 sqft · 1.69 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

313 Parkman Ave, Selma, AL 36701-5760

Value Estimation by Request

3,816 sqft · 0.07 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1018 Boynton St, Selma, AL 36701-6019

Value Estimation by Request

1,500 sqft · 0.32 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1809 Highland Ave, Selma, AL 36701-6614

Value Estimation by Request

2,145 sqft · 0.51 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1352 Highland Ave, Selma, AL 36703-3210

Value Estimation by Request

10,096 sqft · 6.39 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1391 Highland Ave, Selma, AL 36703-3211

Value Estimation by Request

55,658 sqft · 41.53 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1005 Griffin Ave, Selma, AL 36701

Value Estimation by Request

2,128 sqft · 0.07 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

2206 Broad St, Selma, AL 36701-4109

Value Estimation by Request

3,090 sqft · 0.31 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

2416 Broad St, Selma, AL 36701-4009

Value Estimation by Request

6,870 sqft · 0.48 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

530 Jeff Davis Ave, Selma, AL 36701-5609

Value Estimation by Request

1,560 sqft · 0.08 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

538 Jeff Davis Ave, Selma, AL 36701-5609

Value Estimation by Request

2,400 sqft · 0.08 AC lot

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Selma, AL Mixed-Use Properties Market Trends and Statistics

Explore 72 mixed-use properties for sale in Selma, AL on our real estate platform. These investment opportunities span a total of 10,005 square feet of properties for sale, with an estimated market value of $335,900.

Sale prices for multi use buildings in Selma, AL start at $39,900, averaging $167,950, and reaching up to $296,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 32K

Population Growth (5Y) -12.4%

Median Household Income $37,376

College Educated 14.2%

High-Yield Neighborhoods for Investment

Identify Selma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
36701	$39.9K
36703	$296K

Taxes & Financing

Tax Rate (average for all types) 5.02%

Property Tax per SF $84.89 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Dallas County

New Delisted

Total CRE Inventory on Market (SF)

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Selma, AL Mixed-use Properties for Sale

15 Franklin Street, Selma, AL 36703

313 Parkman Avenue, Selma, AL 36701

Opportunities in Nearby Cities

100 COURT Street, Wetumpka, AL 36092

421 S Mcdonough Street, Montgomery, AL 36104

110 E Bridge St, Wetumpka, AL 36092

433 Madison Ave, Montgomery, AL 36104

Potential Development Sites for Consideration

4440 HIGHWAY 22, Stanton, AL 36790

US HIGHWAY 82 lot: 1, Maplesville, AL 36750

8137 Decker Lane, Montgomery, AL 36117

400 W College Street 2, Columbiana, AL 35051

Off-Market Properties in Selma, AL

1207 Highland Ave, Selma, AL 36703-4134

9 Bell Rd, Selma, AL 36701-6703

2812 Citizens Pkwy, Selma, AL 36701-3913

113 Dallas Ave, Selma, AL 36701-5743

415 Highland Ave, Selma, AL 36701

1631 Broad St, Selma, AL 36701-4202

1111 Highland Ave, Selma, AL 36703-4129

Water Ave, Selma, AL 36701

410 Highland Ave, Selma, AL 36701-6225

1116 1st Ave, Selma, AL 36703-4229

1805 Dallas Ave, Selma, AL 36701-7026

2100 Highland Ave, Selma, AL 36701-6676

313 Parkman Ave, Selma, AL 36701-5760

1018 Boynton St, Selma, AL 36701-6019

1809 Highland Ave, Selma, AL 36701-6614

1352 Highland Ave, Selma, AL 36703-3210

1391 Highland Ave, Selma, AL 36703-3211

1005 Griffin Ave, Selma, AL 36701

2206 Broad St, Selma, AL 36701-4109

2416 Broad St, Selma, AL 36701-4009

530 Jeff Davis Ave, Selma, AL 36701-5609

538 Jeff Davis Ave, Selma, AL 36701-5609

Selma, AL Mixed-Use Properties Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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