1200 W Highland Avenue Selma, AL $ 549,000
1200 W Highland Avenue
$ 549,000
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1200 W Highland Avenue

Selma, AL, 36701
$ 549,000
Baths0.0 Sq 13,111

Monthly Estimate*

$ 3,835

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Studio

Commercial Property for sale in Selma, AL

for $549,000. This 13,111 square foot building was built in 1952 on a lot size of 3.2.

Seize the opportunity to own a piece of Selma's history w/this well-established 36-unit motel. The current owners have proudly owned & operated the property for the past 35 years, and this gem offers not only a thriving business but also recent updates. The roof was replaced in the 2009-2010 timeframe, per seller, & the property is having newly painted interior ceilings & walls throughout starting the week of Nov 13, 2023. All but 2 units feature new bedding, TVs, & window units, providing guests with comfort & convenience. A new washer & dryer in the storage room, new siding on the back, & fresh paint on the exterior enhance the motel's overall appeal. Has an ice machine, coke machine, fax machine,& copy machine to cater to the needs of both business & leisure travelers. Currently set up to accept debit & credit card payments. Has 8 storage rooms throughout. A creek adjoins the property, adding a touch of nature to the guest experience. Call today to set up your showing!

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Commercial Active

Price

$ 549,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Office

Lot Size

3.2

Year Built

1952

Town/City

Selma

County/Region

Dallas

MLS | Web ID

21370663

Features
General
Interior Features Plaster Sheetrock
Heating Other
Cooling Window Units
Parking 11+
Zoning Motel
Water Public Water
Status Active Active
Year Built 1952
Stories 1
Class COMMERCIAL
Type Office
Miscellaneous 3 Phase Elec System Handicapped Feats Other Fencing Security Lighting Smoke Alarm
Area Dallas County
Fees Other
Financing Cash Conventional Other Owner May Carry Mortgage
Legal Description LOT 1 GRAYSTONE MOTEL INC. S/D DB 1026 PG 309 DB 1321 PG 531 DB 1451 PG 178 S23 T17N R10E
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Exterior
Exterior Brick & Frame Concrete Block
Number of Buildings 1
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* Excluded Features
List By
Exp Realty, Llc Central

Broker

fallleasing@aol.com

Email

Affordability Calculator

$3,835
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,835
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
579031 Elementary School
579439 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2023$549,000 Listed Price

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1200 W Highland Avenue, Selma, AL, 36701 is a Commercial Property for sale at $549,000 with 13,111 sqft and a lot size of 3.2. 1200 W Highland Avenue is a studio with 0.0 baths and was built in 1952. The property's zip code is 36701 which is in Selma, AL