Washington St Marion, AL 36756
- Retail properties
- 20,000 SF
- 0.35 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Washington St
- Year built
- 1923
- Lot size
- 0.35 lot acres
- Property size
- 20,000 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a vacant, 20,000-square-foot storefront located at 315 Washington Street in Marion, Alabama. The property, built in 1923, boasts a prominent main street location in the heart of downtown Marion. This two-story building sits on a 0.35-acre lot and is zoned C2, offering considerable flexibility for a variety of commercial uses. Currently vacant, this Net Lease property presents a unique chance for adaptive reuse or redevelopment. The substantial size and classic architectural details provide a strong foundation for a successful venture. The asking price is $978,900, and the property is available for a 1031 exchange. The property features a total of five potential tenant spaces. Its historical significance and central location within a community rich in Southern heritage make this a truly rare opportunity. The property's Parcel Number (APN) is 13-01-12-4-401-019.0010. Note that the tenant has no credit rating. This is a Class C property.
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
- -87.3191
- Latitude
- 32.6325
