Luverne, AL Retail Properties & Spaces for Sale

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Rutledge, AL Goshen, AL Glenwood, AL Brantley, AL Dozier, AL Grady, AL Highland Home, AL Greenville, AL

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Updated: Aug 14

Laundromat Retail Building

741 S Forest Avenue, Luverne, AL 36049

$185,000

2,400 sqft

2,400‑square‑foot laundromat property
Constructed in 1979
Metal siding and wood siding construction
741 S Forest Avenue, Luverne, AL 36049
Trustee sale offered in as‑is condition

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Updated: Dec 23, 2024

Multi-Tenant Retail Center

1390 S Forest Avenue, Luverne, AL 36049

$499,000

0.36 AC lot

Approximately 4,800‑square‑foot retail center with four suites of roughly 1,200 square feet each
100% occupied by State Farm, Hayne's Ambulance, GLG Sandwich Shop, and Smash Foods
US Hwy. 331 frontage with 2023 AADT of 12,695 VPD
State Farm lease runs through 12/31/32 with a scheduled rent increase
Smash Foods suite received a new HVAC system in 2024

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Occupied Multi-Tenant Strip Mall

1390 S Forest Ave, Luverne, AL 36049

$506,685

4,800 sqft

Four leased storefronts sit along US Hwy 331 opposite Ramey’s Marketplace.

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Laundromat Retail Space

741 S Forest Avenue, Luverne, AL 36049

$189,900

2,400 sqft

Existing laundromat offered in its current condition at a commercial address in Luverne.

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Retail Space For Sale

1253 S Forest Ave, Luverne, AL 36049

Contact for pricing

3,500 sqft

Retail space available for purchase.

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NNN Retail Property with Pylon Sign

416 Forest Ave, Luverne, AL 36049

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Two-tenant commercial property combining a Pizza Hut lease with an AMP Nutrition occupancy.

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Retail Building with Office Space

1255 Forest Ave, Luverne, AL 36049

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Positioned near Highway 331 with restrooms, storage, and on-site parking.

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Retail Building with Storage Space

852 S Forest Ave, Luverne, AL 36049

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3,520 sqft

Retail building featuring storage, office, and highway frontage.

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Based on your search, we've compiled 66 Potential Opportunities for your consideration. Besides 8 Active listings in Luverne, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 50 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail/Office Building with Excess Land

330 Greenville Bypass, Greenville, AL 36037

Contact for pricing

1.30 AC lot

Retail/office building plus excess land and a rear outside storage building on site.

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Commercial Land with Retail Buildings

1319 S Brundidge St, Troy, AL 36081

Contact for pricing

12,250 sqft 14.00 AC lot

14+/- acres with two retail buildings and highway frontage.

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Retail Space in Troy Corridor

1327 S Brundidge St, Troy, AL 36081

Contact for pricing

45,781 SF retail space in Troy's retail corridor.

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Gas Station with Convenience Store

100 N College St, Greenville, AL 36037

Contact for pricing

Owner-user property combining fuel sales with an on-site convenience retail component.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Adjacent to E L Turner Jr Park

2 Ball Park Ln, Luverne, AL 36049

$125,000

1.00 AC lot

Commercial lot with high traffic and retail potential.

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Commercial Lot in Luverne, AL

1253 S Forest Ave, Luverne, AL 36049

$75,000

2.00 AC lot

Two-acre commercial lot near E L Turner Park.

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Highway 231 Acreage For Sale

Highway 231, Troy, AL 36081

$1,300,000

6.00 AC lot

Prime commercial land on Highway 231 in Troy, Alabama.

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Strip Mall with Two Retail Buildings

1319 S Brundidge St, Troy, AL 36081

$2,200,000

14.00 AC lot

14+/- acres zoned C4 & R2 with two retail strip buildings occupied by multiple tenants and public utilities available.

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Off-Market Properties in Luverne, AL

Consider similar Off-Market properties in Luverne, AL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

149 Frst Ave, Luverne, AL 36049-1503

$170,000

Estimated value

2,400 sqft

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RESTAURANT

665 Frst Ave, Luverne, AL 36049-1801

$180,000

Estimated value

6,400 sqft

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GROCERY, SUPERMARKET

1297 Frst Ave, Luverne, AL 36049-7314

$620,000

Estimated value

27,400 sqft

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SERVICE SHOP (TV, ELECTRIC, PLUMBING)

Main St, Luverne, AL 36049

$240,000

Estimated value

2,400 sqft 2.00 AC lot

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SERVICE SHOP (TV, ELECTRIC, PLUMBING)

1086 3rd St, Luverne, AL 36049-4512

$265,000

Estimated value

1,200 sqft

View details

RESTAURANT

868 Frst Ave, Luverne, AL 36049-7016

$220,000

Estimated value

1,814 sqft

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DRIVE-THRU RESTAURANT, FAST FOOD

742 Frst Ave, Luverne, AL 36049-7015

$225,000

Estimated value

3,596 sqft

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FINANCIAL BUILDING

Luverne, AL 36049

$255,000

Estimated value

4,502 sqft

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SERVICE SHOP (TV, ELECTRIC, PLUMBING)

3087 Ctr Rdg Rd, Luverne, AL 36049-6210

$245,000

Estimated value

2,448 sqft 1.49 AC lot

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SERVICE SHOP (TV, ELECTRIC, PLUMBING)

Luverne, AL 36049

$320,000

Estimated value

2,314 sqft

View details

RESTAURANT

765 Frst Ave, Luverne, AL 36049-7022

$215,000

Estimated value

2,828 sqft

View details

SERVICE SHOP (TV, ELECTRIC, PLUMBING)

Luverne, AL 36049

$265,000

Estimated value

3,750 sqft 1.40 AC lot

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SERVICE SHOP (TV, ELECTRIC, PLUMBING)

74 Legrand Ave, Luverne, AL 36049-1301

$265,000

Estimated value

3,000 sqft

View details

RETAIL STORES (PERSONAL SERVICES)

Luverne, AL 36049

$240,000

Estimated value

4,428 sqft

View details

RESTAURANT

602 Frst Ave, Luverne, AL 36049-1802

$180,000

Estimated value

1,200 sqft

View details

RESTAURANT

1244 Frst Ave, Luverne, AL 36049-7315

$220,000

Estimated value

4,330 sqft

View details

Luverne, AL Retail Properties & Spaces Market Trends and Statistics

Explore 58 retail properties & spaces for sale in Luverne, AL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 16,620 square feet of properties for sale, with an estimated market value of $1,380,585.

Sale prices for stores in Luverne, AL start at $185,000, averaging $345,146, and reaching up to $506,685 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 5,314

Population Growth (5Y) -12.4%

Median Household Income $53,073

College Educated 24.7%

High-Yield Neighborhoods for Investment

Identify Luverne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
36049	$499K

Taxes & Financing

Tax Rate (average for all types) 4.05%

Property Tax per SF $29.96 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Crenshaw County

New Delisted

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Luverne, AL Retail Properties & Spaces for Sale

741 S Forest Avenue, Luverne, AL 36049

1390 S Forest Avenue, Luverne, AL 36049

1390 S Forest Ave, Luverne, AL 36049

741 S Forest Avenue, Luverne, AL 36049

1253 S Forest Ave, Luverne, AL 36049

416 Forest Ave, Luverne, AL 36049

1255 Forest Ave, Luverne, AL 36049

852 S Forest Ave, Luverne, AL 36049

Opportunities in Nearby Cities

330 Greenville Bypass, Greenville, AL 36037

1319 S Brundidge St, Troy, AL 36081

1327 S Brundidge St, Troy, AL 36081

100 N College St, Greenville, AL 36037

Potential Development Sites for Consideration

2 Ball Park Ln, Luverne, AL 36049

1253 S Forest Ave, Luverne, AL 36049

Highway 231, Troy, AL 36081

1319 S Brundidge St, Troy, AL 36081

Off-Market Properties in Luverne, AL

149 Frst Ave, Luverne, AL 36049-1503

665 Frst Ave, Luverne, AL 36049-1801

1297 Frst Ave, Luverne, AL 36049-7314

Main St, Luverne, AL 36049

1086 3rd St, Luverne, AL 36049-4512

868 Frst Ave, Luverne, AL 36049-7016

742 Frst Ave, Luverne, AL 36049-7015

Luverne, AL 36049

3087 Ctr Rdg Rd, Luverne, AL 36049-6210

Luverne, AL 36049

765 Frst Ave, Luverne, AL 36049-7022

Luverne, AL 36049

74 Legrand Ave, Luverne, AL 36049-1301

Luverne, AL 36049

602 Frst Ave, Luverne, AL 36049-1802

1244 Frst Ave, Luverne, AL 36049-7315

Luverne, AL Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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