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20878762
20878763

218 S Main St, Enterprise, AL 36330

SA
AL AL 139611
NAI TALCOR
KW
AL 000058211-0
NAI TALCOR
Listed by NAI TALCOR
$380,000
550 days on market
Updated 8 days ago
Opportunity zone

218 S. Main Street - Downtown Enterprise

Details
APN 1605212201011000
Property Type Retail
Sub Type Storefront
Square Footage 4,328
Pumps 1
Tenancy Vacant
Broker Co-Op Yes
Year Built 1935
Year Renovated 2011, 2018
Buildings 1
Stories 1
Acreage 0.230
Zoning B-2

Redevelopment Opportunity - Downtown Enterprise

Marketing description

Redevelopment or renovation opportunity! Excellent central downtown location on Main Street. The existing structure is 4,328 Sq. Ft. with a mix of retail/office space and warehouse in the rear, added in 2011. Located near the Boll Weevil Monument and next to Weevil Play and across from First Methodist and Dobbs Eye Clinic. Many boutiques, cafes and amenities nearby in this thriving area of downtown Enterprise.

The sale includes a pre-development package with development assets and significant groundwork already completed. The included plans propose an 8,930 sq. ft. mixed-use building, featuring 3,750 sq. ft. of retail space on the ground floor and 5,180 sq. ft. of luxury loft apartments above. Concepts, renderings, site plans, etc. available upon request. Alternatively, buyers have the flexibility to revise plans or utilize the existing structure for an alternate project.

Investment highlights

  • +- 2,000 Sq. Ft. Retail/office space in front with 3 rooms, restroom and small garage. Middle office features new paint, drywall and flooring.

  • +- 2,300 Sq. Ft. warehouse in rear added in 2011 with sliding door and upper level for additional storage

  • Located on Main Street near the Boll Weevil Monument and next to Weevil Play and across from First Methodist Church and Dobbs Eye Clinic

    • Included in the sale for a 2-story mixed-use building (concepts/renderings/site plans available)

    • Architectural plans and development drawings

    • City-approved permits, agreements and tax incentives

    • Easement drafts for 2-way street and underground infrastructure (water, sewer, power lines funded by the city)

    • Surveys, environmental assessments, and civil engineering work

    • Proposed redevelopment footprint offers 7 off-street parking spaces

Listing Contacts

SA
AL AL 139611
NAI TALCOR
KW
AL 000058211-0
NAI TALCOR
Listed by NAI TALCOR

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Additional Information

Name
Shannon Auty
License
AL 139611
Brokerage
NAI TALCOR
Brokerage Phone
3346998000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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