Newly Redeveloped Mixed-Use Building
$3,264,000
151 W Main St, Dothan, AL 36301
20,400 sqft
Building Size
1.1 acres
Lot Area
Details:
Highlights:
- Total Size: 20,400 SF
- Ground Floor: Retail shell spaces with alleyway, iron gates at front & rear, enhanced security features andd 40-50 parking spaces in rear
- Second Floor: 7 luxury apartments (1 bed/1 bath & 2 bed/2 bath units) + optional rooftop balcony space
- Apartment Amenities: Dedicated lobby, resident lounge, private gym, self-serve convenience store and secure access
- Expected Completion: End of May 2025
- Incentives: 20-year property tax abatement
- Support: Backed by strong city revitalization efforts
- Tenant Readiness: Ready for retail and residential tenants with 1 tenant currently in place
- Financials: Rent roll pro forma available upon request
- Purchase Options: Property can be purchased as-is, as a package with adjacent vacant buildings, or separately
- 150 feet from the Dothan City Center redevelopment projects and additions
- Shared parking lot in rear +-70 spaces
Description:
Beautifully redeveloped 20,400 SF mixed-use building located in the heart of downtown Dothan on W. Main Street. This unique project features:
Ground Floor Retail (Shell Condition):
Spacious storefronts with an alleyway, striking iron gates at the front and rear entrances and enhanced security features - ready for tenant customization.
Second-Floor Luxury Apartments:
Seven upscale residential units, including a mix of 1-bed/1-bath and 2-bed/2-bath layouts, designed for modern living with premium finishes.
On-Site Amenities:
Elegant apartment lobby, resident lounge, fitness center and secure entryways to elevate the tenant experience.
Key Highlights:
Total renovation scheduled for completion End of May 2025
Priced at $160/SF
20-year property tax abatement in place
Strong city support for continued downtown revitalization
Pro forma rent roll available upon request
La Strada is fully positioned for lease-up and income generation — an exceptional downtown asset ready to deliver long-term value.
Address: 151 W. Main Street, Dothan, AL 36301. Situated between S. Oates Street and S. Foster Street with frontage on W. Main Street.
5 Spaces Available
151 W. Main Street Unknown Sub Type
Retail Suite #10, 10, 1 Street Retail
Main Street storefront next to Cherry & Irwin with optional alleyway space (1,547 SF - 1,675 SF)
Retail Suite #20, 20, 1 Street Retail
Middle Alleyway Suite with additional alleyway space available (1,187 SF -1,340 SF)
Retail Suite #30, 30, 1 Street Retail
End unit with additional alleyway space available (1,238 SF - 1,414 SF)
Retail Suite #50, 50, 1 Street Retail
Internal unit next to Apartment Lobby
Documents:
| Title | ||
|---|---|---|
| La Strada Retail Brochure | ||
| La Strada - Retail Lease Flyer |
Location
Gallery
