Beautiful Historic, Downtown Building

191 N. Foster Dothan, AL 36301

191 N. Foster, Dothan, AL, 36301
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FOR SALE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Oct 06, 2024

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Highlights

  • Multiple potential revenue streams
  • Located in historic Downtown Dothan
  • 2 levels with mezzanine & Rooftop Bar to be developed
  • Top level includes 22 occupied offices and private owner’s suite
  • Building comes fully furnished and equipped
  • Downtown Dothan Revitalization: a multi-million dollar project underway (see link)
  • Excellent location to be part of the new & upcoming City Center

Description

*360° Virtual Tour & Drone Video Links above*
The Colby Building dominates the corner of N. Foster & W. Troy St in central Downtown Dothan. This 2-story, 28,789 Sq.Ft. historic & unique building was the original J.C. Penney's department store built in 1937. It has since been completely remodeled to include Bella's Fine Dining & Wine Bar, Bella's Ballroom & Event Venue with mezzanine, and 22 occupied offices along the 3rd floor. In addition, Dothan's first rooftop bar - Bella's Rooftop Bar, will soon be developed here featuring a brand new roof recently installed. Excellent location, as the Downtown Revitalization Project, a multi-million dollar redevelopment plan is currently underway only 1 block from The Colby Building. These new renovations include: a new Civic Center, Opera House enhancements, hotel & mixed-use developments, a new Wiregrass Arts & Innovation Center, greenspace, and a brand new look for Main Street. Great opportunity to be part of the new City Center for Dothan and all it has to offer.

On the corner of North Foster Street and W Troy Street, Dothan AL


Year Built: 1937
Building Size: 28789sq ft
Lot Size: 0.32 acres


Documents

The Colby Building

Map of 191 N. Foster, Dothan, AL, 36301

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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