156 Foster St Dothan, AL 36303-4540
This exceptional mixed-use storefront property, located at 156 North Foster Street in Dothan, Alabama, presents a unique investment opportunity. The 3,200 square foot building boasts a thoughtfully designed layout across two stories. The ground floor features an open plan ideal for retail, complete with built-in sales counters, a kitchenette, restrooms, and ample storage space. A significant advantage is the city-granted easement on the rear lot, allowing for the construction of a public deck overlooking a soon-to-be-developed green space, part of the City Center Project and Opera House Renovations. This promises increased foot traffic and visibility. Upstairs, the second floor offers versatile flex space, perfect for office use or additional retail space, a private office or bedroom, and a full bathroom with a shower. The entire building underwent a complete renovation in 2008, ensuring modern functionality and aesthetics. The asking price is $495,000, translating to $154.69 per square foot. The property is situated across from KBC, providing excellent visibility and accessibility. Prospective buyers are responsible for conducting their own due diligence regarding property condition. This is a rare opportunity to acquire a well-maintained, strategically located property in a thriving area of Dothan. The zip code is 36303.
-
Heartland Wellness Clinic Medical Clinic
-
The Nature Gallery Yoga & Massage Studio Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.