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315 Washington St

20,000 SF 100% Leased Retail Building Marion, AL 36756 £773,341 (£39/SF)

Investment Highlights

  • Mixed use Retail building with 6 retail units, 15 office spaces, and 20 hotel rooms.

Executive Summary

Exciting opportunity at 315 Washington St, Marion! This property boasts historic character and endless potential, ideally suited for restoration, redevelopment, or adaptive reuse. This mixed use commercial building offers 6 retail spaces, 15 offices, as well as 20 hotel rooms on the 2nd floor. Its prime location near Marion’s center makes it a standout option for buyers seeking a property with charm and flexibility, whether for residential or commercial use. Don’t miss out on this unique piece of local heritage with substantial future potential!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
20,000 SF
Building Class
C
Year Built
1923
Price
£773,341
Price Per SF
£39
Percent Leased
100%
Number of Floors
2
Building FAR
1.31
Land Acres
0.35 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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PROPERTY TAXES

Parcel Number 13-01-12-4-401-019.0010 Improvements Assessment £22,187
Land Assessment £4,103 Total Assessment £26,289

PROPERTY TAXES

Parcel Number
13-01-12-4-401-019.0010
Land Assessment
£4,103
Improvements Assessment
£22,187
Total Assessment
£26,289
(334) 559-3661

  • Listing ID: 33715174

  • Date on Market: 01/11/2024

  • Last Updated:

  • Address: 315 Washington St, Marion, AL 36756

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315 Washington St
(334) 559-3661 x

315 Washington St

Justin Rivers

(334) 559-3661

(334) 559-3661

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