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315 Washington St

20,000 SF 100% Leased Retail Building Marion, AL 36756 $978,900 ($49/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
$978,900
Price Per SF
$49
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.31
Lot Size
0.35 AC
Opportunity Zone
Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-01-12-4-401-019.0010
Land Assessment
$5,200
Improvements Assessment
$28,120
Total Assessment
$33,320
  • Listing ID: 33715174

  • Date on Market: 11/1/2024

  • Last Updated:

  • Address: 315 Washington St, Marion, AL 36756

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