151 W Main Street

Beautifully redeveloped 20,400 SF mixed-use 2-story building located in the heart of downtown Dothan on W. Main Street. Excellent visibility and exposure with 2023 traffic counts of 25,565 vehicles per day. 20-year property tax abatement! This unique project features: 6 Ground Floor Retail Shell Spaces (one currently leased). Iron gates are at the front and rear entrances with security cameras. 7 Second-Floor Luxury Apartments (3 leased): upscale residential units, including a mix of 1-bed/1-bath and 2-bed/2-bath layouts, designed for modern living with premium finishes and keyless entry. On-Site Amenities: apartment lobby, resident lounge and fully equipped gym with micro-market in progress. Shared rear parking lot with approximately 75 spaces. Adjacent 3-story building also available. Great opportunity to own an income producing asset in the path of progress and positioned for stabilization as occupancy grows.