1909 Dallas Ave Selma, AL 36701

Property Details for 1909 Dallas Ave

Year built

2002

Construction

CONCRETE BLOCKS

Lot size

0.70 lot acres

Property size

4,510 SF

Zone code

S

Property type

Strip malls

Property subtype

Neighborhood centers

APN

16020300020410000

APU

16020300020410000

Description

This exceptional retail strip mall presents a lucrative investment opportunity in Selma, Alabama. Strategically located across the street from a Winn-Dixie grocery store, a gas station, and a brand-new Jacks restaurant, this property enjoys high visibility and consistent foot traffic. The building itself boasts a recently completed exterior paint job, a durable metal roof, and a freshly painted parking lot, ensuring a well-maintained and attractive appearance. The property comprises five units, with one unit measuring approximately 1600 square feet and the other four units each measuring approximately 750 square feet. Currently, three of the five units are occupied by tenants under existing leases, which will transfer to the new owner. Two units became available in September of this year, offering immediate opportunities for lease-up and increased revenue. The property sits on a 0.7-acre lot, providing ample parking for customers and tenants. This turnkey investment offers a blend of stable income from existing tenants and the potential for significant growth through leasing the vacant units. The prime location and recent improvements make this a highly desirable property for investors seeking a strong return on investment in a thriving commercial area. The asking price is $385,000.

Location Insight

City

Selma

County

Dallas

State

Alabama

Longitude

-87.0647

Latitude

32.3974

CBSA code

42820

CBSA name

SELMA, AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments