Downtown Dothan Portfolio Offering

Highlights:

• Properties may be purchased as a portfolio or individually
• Buildings can be further subdivided or combined to suit buyer needs
• Large shared rear parking lot (±70 spaces)
• ±200 feet of frontage on W. Main Street with access from S. Oates St. and S. Foster St.
• 2 miles from SE Health medical center - largest employer in region serving the Tri-State area
• Property is situated ±150 feet from Dothan’s City Center Revitalization projects including:
• Porter Park Events Plaza & Amphitheater in progress
• Opera House Enhancements nearly completed
• Wiregrass Arts & Innovation Center (under construction)
• Planned downtown Arena, Hotel and other Mixed-Use Developments (completion by 2029)
• Excellent visibility and exposure on W. Main Street with close access to popular Foster Street, home to KBC eatery (former Top Chef winner), many boutiques, cafés and downtown green spaces along with the entrance to the new Porter Park Events Plaza. 2023 AADT: 25,565 VPD

Description:

125, 139 & 151 W. Main St. | Dothan, AL | Portfolio Price: $4,204,000

A portfolio of 6 adjoining buildings, centrally located in downtown Dothan consisting of approximately 43,655 SF - also available for purchase individually. Property features large shared parking lot in rear with access from S. Oates and S. Foster Street. Located steps from the major downtown revitalization projects.

Individual Pricing Options:
*Brand New Mixed-Use: 151 W. Main St. | 20,400 SF | $3,264,000
Newly redeveloped mixed-use building nearing completion, featuring retail shell spaces on the ground floor and 7 upscale apartments above featuring a resident lobby, lounge and gym. A 20-year property tax abatement is in place with strong city support. Excellent investment opportunity to acquire a fully completed asset with one lease already in place, ready for additional tenants and immediate income generation. Rent roll pro forma available upon request.

139 W. Main St. | 12,105 SF | $490,000
One-story and three-story building featuring a mostly open ground floor, ideal for easy custom buildout and flexible use. The ground level interior is currently connected to 125 W. Main, offering the option to combine or divided; seller is willing to re-seal entryways if desired. The upper levels are not connected and remain separate, retaining historic character with original offices, restrooms, and open areas — a great opportunity for renovation and adaptive reuse.

125 W. Main St. | 11,150 SF | $450,000
Single-story and two-story office/retail building with existing offices, restrooms and storage. Can be reconfigured for owner-use or redeveloped. Adjacent to Eye Care Associates.

**Buildings can be further divided if less space is desired.

151, 139, 125 W. Main Street, Dothan, AL 36301

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