1529 Northwood Ave Florence, AL 35630
- Commercial real estate
- 103,694 SF
- 9.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1529 Northwood Ave
- Year built
- 1957
- Lot size
- 9.60 lot acres
- Property size
- 103,694 SF
- Property type
- Commercial real estate
Description
This exceptional income-producing property, located at 1529 Northwood Ave in Florence, Alabama, presents a unique investment opportunity. The 103,694 square foot shopping center, known as the historic Seven Points Shopping Center, enjoys a highly visible and accessible location in the heart of Florence, a central point for the area's traffic flow. The diverse tenant mix includes a variety of established businesses, creating a robust and stable revenue stream. Current tenants represent a range of services and retail offerings, including an Asian food market, nail salons, a children's fun center, a phone company, a laundromat, a Mexican restaurant, and a Dollar General. A remodeled grocery store also contributes to the property's strong occupancy rate. The property sits on a substantial 9.6-acre lot, offering significant potential for future expansion or redevelopment. All information provided is to be verified by the purchaser. This is an exceptional opportunity to acquire a well-established, income-generating commercial property in a thriving Alabama market. The property's central location and diverse tenant base make it an attractive investment for discerning buyers seeking a strong return on investment. Serious inquiries only.
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
- Florence
- County
- Lauderdale
- State
- Alabama
- Longitude
- -87.6809
- Latitude
- 34.8298
