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1122-1124 Water Ave
Selma, AL 36703
Retail Property For Sale
Investment Highlights
- Historic Water Avenue, Selma, AL
- Prime location
Executive Summary
Historic Water Avenue, Selma, AL buildings. Two lounges, one restaurant, existing office spaces, and newly renovated office space included in both adjacent buildings which overlook the Alabama River and the famous Edmund Pettus Bridge. Built in mid- 1800's. Price negotiable if purchased “as is.”
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
21,000 SF
Building Class
C
Year Built
1840
Price
$575,000
Price Per SF
$27.38
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.64
Lot Size
0.29 AC
Opportunity Zone
Yes
Parking
12 Spaces (0.57 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Numbers | Improvements Assessment | $35,160 | |
| Land Assessment | $3,840 | Total Assessment | $39,000 |
Property Taxes
Parcel Numbers
Land Assessment
$3,840
Improvements Assessment
$35,160
Total Assessment
$39,000
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