Price Reduced! Shutdown Retail Building with Property in Selma, AL!

Asking Price$129,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Price Reduced! Shutdown Retail Building with Property in Selma, AL!


Asking Price$129,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Price has been reduced to $129,000 for the entire Building and Property!

Average traffic count of 11,000 vehicles passing by each day - a very high traffic count for a town of this size! Median Household Income for the area is $46k.

High visibility corner lot with ample parking and several access points. Surrounded on three sides by single family homes and apartment complexes.

Reopen as a Convenience Store or explore a wide array of commercial uses like a liquor store, vape shop, restaurant, and more!

Property is less than one half mile from the Selma Country Club and the Alabama River, and is close to several popular fishing and hunting destinations. Tailor the business to local needs and capitalize on the many nearby attractions and high traffic counts!

Near several apartment complexes like Valley Creek Apartments (directly adjacent with over 150 units), Selma Square Apartments, Magnolia Sr. Village Apartments, Les Chateaux Apartments, Addison Way Apartments, HallMark Apartments, and Lodges on Lincoln Apartment Complex.

Close to K-12 Schools like Clark Elementary School and Knox Elementary School collectively serving over 1,000 students and faculty! Near Colleges like Selma University, and George Corley Wallace State Community College - Selma, collectively serving over 6,500 students and faculty!

Limited Restaurant options in the area, which include only Happiness Nutrition 27, The Sandbar, Reflections Coffee Shoppe, and Lannie's Bar-B-Q Spot.

Close proximity to a new housing and mixed-use development that will bring over 75 units, medical offices, and additional mixed-use facilities, along with a new residential development of 27 homes.

Building area is 1,300 SF and the property is 0.13 Acres.

50 Minutes from Montgomery, AL! 1 Hour 25 Minutes from Tuscaloosa, AL! 1 Hour 45 Minutes from Birmingham, AL! 2 Hours 20 Minutes from Columbus, GA! 3 Hours 25 Minutes from Atlanta, GA!

Asking Price for Building and Property: $129,000.
About the Business
Website
https://riverbrokers.com
Market Outlook / Competition
Average traffic count of 11,000 vehicles passing by each day - a very high traffic count for a town of this size!
Opportunities for Growth
High visibility corner lot with ample parking and several access points. Surrounded on three sides by single family homes and apartment complexes. Reopen as a Convenience Store or explore a wide array of commercial uses like a liquor store, vape shop, restaurant, and more!
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
1,300
Listing Info
ID
2395132
Listing Views
163
Business Location

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Business Listed by: Kavita Purohit River Brokers

Listing ID: 2395132 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.