1253 Forest Ave Luverne, AL 36049
- Retail properties
- 3,500 SF
- 0.85 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1253 Forest Ave
- Year built
- 2008
- Lot size
- 0.85 lot acres
- Property size
- 3,500 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional 3,500 square foot retail storefront, built in 2008, is situated on a nearly one-acre lot in Luverne, Alabama. Currently operating as a clothing store with 100% occupancy until June 21, 2024, this property offers significant potential for various uses. The building boasts 3,000+ square feet of retail space, three dressing rooms, and over 400 square feet of rear storage. Features include a metal exterior and roof, central heating and cooling, 10-foot ceilings, and commercial carpeting. The property includes 16 dedicated parking spaces with additional availability. Zoned for city use, this standalone building presents a versatile opportunity for retail, office, or even religious or restaurant purposes. The land value alone is substantial, at $70 per square foot. The asking price is $250,000. This is a sale/leaseback opportunity for a clothing store. The building is in excellent condition.
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
- Luverne
- County
- Crenshaw
- State
- Alabama
- Longitude
- -86.2651
- Latitude
- 31.6987
