40976 Al-77 Ashland, AL 36251
- Retail properties
- 1,500 SF
- 1.15 lot acres
Current Use by Public Records
- Retail properties
Property Details for 40976 Al-77
- Year built
- 1998
- Lot size
- 1.15 lot acres
- Property size
- 1,500 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional owner-user opportunity presents a 12,800 square foot, four-unit retail strip center ideally situated on Highway 77 in Ashland, Alabama. Built in 1998, this single-story, Class C property sits on a 1.15-acre lot (APN: 11-04-19-1-000-098.002) and offers significant potential for both investment and occupancy. Currently, two of the four units are occupied under a five-year lease, leaving two spaces available. One vacant unit offers approximately 1,500 square feet, suitable for a restaurant, while another expansive 8,000 square foot space is perfect for a larger retail operation. The total square footage ranges from 1,500 to 8,000 square feet per unit, providing flexibility for various business needs. The asking price for this multi-tenant property is $600,000. This is a rare chance to acquire a well-located retail center with immediate income potential and the opportunity to occupy a significant portion of the space. The high visibility location on Highway 77 ensures substantial foot traffic and exposure. Contact us today to learn more about this outstanding investment and owner-user opportunity.
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
- Ashland
- County
- Clay
- State
- Alabama
- Longitude
- -85.8433
- Latitude
- 33.2745
