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Property profile & analytics
OFF-MARKET
Retail space

156 Foster St Dothan, AL 36303-4540

3,322 SF 0.07 ac lot Built 1900
Entity Owned Free & Clear
Property ID
US03-1275221
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 3,322 SF
Lot 0.07 ac (3,220 SF)
APN 09-06-24-1-200-011-000
UPID US03-1275221
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Heartland Wellness Clinic Medical Clinic
  • The Nature Gallery Yoga & Massage Studio Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
SCHULZ GRETCHEN GAY TR · 1 yrs held
SCHULZ GRETCHEN GAY TR
since 2025
Last sale
$430,000
1 recorded transaction
2025
$430,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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