0000 Highway 5 Marion, AL 36756
- Mixed-use properties
- 2.09 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 0000 Highway 5
- Year built
- 1985
- Lot size
- 2.09 lot acres
- Property type
- Mixed-use properties
Description
This exceptional 2.09-acre mixed-use property in Marion, Alabama, presents a unique investment opportunity. Located on Highway 5, the property boasts 245 feet of road frontage, ensuring high visibility for the existing retail building. The deep lot offers significant potential, including a second septic tank and utility hookups, ideal for residential development or expansion. The renovated building features three distinct retail spaces. Two sections share a central counter, office, and restroom, while a third boasts a separate entrance and two restrooms. A removable awning provides flexibility for various uses, including retail, restaurant, or even a gas station, with the added benefit of a rentable unit. The property's existing infrastructure includes its own septic system and utilities, minimizing upfront investment costs. This turnkey operation is ready for immediate occupancy and offers substantial income potential through multiple revenue streams. The strategic location and versatile design make this property an attractive proposition for both established businesses and ambitious entrepreneurs seeking a high-impact investment in a thriving community. The combination of commercial and potential residential development makes this a truly unique opportunity in Perry County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marion
- County
- Perry
- State
- Alabama
- Longitude
- -87.3058
- Latitude
- 32.6767
