Property summary
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.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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