1st Avenue, Opelika, AL 36801

$575,000

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List Price
$575,000
Status
ACTIVE
Days on Market
19
MLS#
182194
Subtype
Commercial Sale
Lot Size
2
Acres
2.89
Subdivision
Mill Vill
MLS Area Major
Opelika

Property Description

Positioned along 1st Avenue in Opelika, this 2.89-acre commercially zoned property presents an opportunity to invest in one of the city's emerging redevelopment corridors. Surrounded by established businesses and located directly across from the Opelika Farmers Market, the property is already part of an active commercial setting. The real opportunity, however, is what is happening around it. The Old Mill area and 1st Avenue corridor are seeing renewed investment as former industrial properties transition into new commercial, residential, and mixed-use developments. This continued redevelopment is helping connect the area's historic roots with the growth and economic momentum occurring throughout Opelika. Opelika has successfully attracted new business while preserving the character that makes the city unique. As that growth continues beyond downtown and into areas such as the Old Mill district, well-positioned commercial properties along 1st Avenue should benefit from increased activity and continued private investment. With 2.89 acres, commercial zoning, and a location in the path of this redevelopment, this property offers more than a commercial site today. It offers an opportunity to be part of Opelika's next phase of growth.

Additional Information

Taxes
$['2934.26']
Community Features
Opelika

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Listing courtesy of SOUTHEASTERN LAND GROUP.