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Marion Commercial Building and Hardware Store 1243 Washington St 41,000 SF 100% Leased Retail Building Marion, AL 36756 $1,600,000 ($39.02/SF)
Investment Highlights
- Hardware Store For Sale
- Large Parking Lot
- Plenty of Room to Build Additional Businesses
- Large Commercial Building
- Potential is Unlimited
- 460 ft Of Road Frontage
Executive Summary
Prime investment opportunity located on the main street of town. This income-producing commercial property includes three separate buildings totaling approximately 41,000 sq ft, offering both an operating business and additional leasing potential.
The centerpiece of the property is a 21,000 sq ft fully functioning hardware store that serves the local community. The store carries a wide range of inventory including plumbing supplies, lumber, paint, hunting and fishing equipment, power tools, hand tools, and more, making it a well-established retail destination.
Additional space includes:
11,000 sq ft retail building – currently vacant, ready for a new tenant or business venture 9,666 sq ft retail building – currently vacant, providing additional income potential
Current tenants on the property include a restaurant, the operating hardware store, and an ice machine, providing existing income while leaving room for expansion.
The property features a large parking lot with excellent accessibility and high visibility from the main corridor of town.
This is a rare opportunity to own a profitable hardware business along with a multi-building commercial investment property with strong rental potential.
The centerpiece of the property is a 21,000 sq ft fully functioning hardware store that serves the local community. The store carries a wide range of inventory including plumbing supplies, lumber, paint, hunting and fishing equipment, power tools, hand tools, and more, making it a well-established retail destination.
Additional space includes:
11,000 sq ft retail building – currently vacant, ready for a new tenant or business venture 9,666 sq ft retail building – currently vacant, providing additional income potential
Current tenants on the property include a restaurant, the operating hardware store, and an ice machine, providing existing income while leaving room for expansion.
The property features a large parking lot with excellent accessibility and high visibility from the main corridor of town.
This is a rare opportunity to own a profitable hardware business along with a multi-building commercial investment property with strong rental potential.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
41,000 SF
Building Class
B
Year Built
1984
Price
$1,600,000
Price Per SF
$39.02
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
5.42 AC
Opportunity Zone
Yes
Zoning
Commercial
Frontage
460’ on Washington Street
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 13-06-13-4-001-002.0000 | Improvements Assessment | $63,020 |
| Land Assessment | $5,360 | Total Assessment | $68,380 |
Property Taxes
Parcel Number
13-06-13-4-001-002.0000
Land Assessment
$5,360
Improvements Assessment
$63,020
Total Assessment
$68,380
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Marion Commercial Building and Hardware Store | 1243 Washington St
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