1010 Water Ave, Selma, AL, 36701
1010 Water Ave
Selma, AL 36701
Highlights
Description
Premier Historic Commercial Building | ±4,000 SF | Zoned B-1 General Business
A standout redevelopment opportunity at 1010 Water Ave in historic downtown Selma. This ±4,000 square foot commercial building offers vintage character and walkable access to Selma’s most iconic sites, making it an ideal canvas for boutique retail, cultural use, or community-focused investment.
Built in the early 20th century and zoned B-1 General Business, the property is well-suited for creative reuse and eligible for a variety of funding incentives—including historic tax credits and grants.
Whether you're a private investor, preservationist, or developer with a vision, 1010 Water Ave presents a unique opportunity to be part of Selma’s next chapter of growth and transformation.
Embrace a piece of history at 1010 Water Ave, a prime leasing opportunity. This 4,000 SF space was previously used as a restaurant, the property comes with a turnkey kitchen and offers flexibility for creative design. With direct river access and picturesque views, it presents a unique opportunity for a captivating outdoor area. Ideal for businesses seeking a distinctive and versatile setting in a vibrant and historic location.
FOR SALE – Individually or as Part of the Selma Six Portfolio | Historic Redevelopment Opportunity in the Heart of Selma
Step into a rare opportunity to own a piece of American history. Located in the heart of downtown Selma, 1010 Water Ave is one of six architecturally significant properties comprising the Selma Six Portfolio—a historic redevelopment opportunity rooted in the legacy of the Civil Rights Movement.
The full portfolio includes:
1. 25 Broad St – ±33,800 SF
2. 1006 Alabama Ave – ±18,273 SF
3. 1010 Water Ave – ±4,000 SF
4. 1012 Water Ave – ±6,974 SF
5. 114 Broad St – ±4,353 SF
6. 515 Mabry St – ±33,543 SF on 2.65 acres
Together, these buildings offer a unique chance to revitalize downtown Selma through mixed-use, hospitality, cultural, or community-driven development. Five of the six properties require full renovation, providing a blank canvas for visionary investors, developers, or preservationists ready to reimagine the city’s next chapter.
Whether acquired individually or as a transformative portfolio, 1010 Water Ave and the Selma Six represent a once-in-a-generation opportunity to invest in a story that shaped the nation.
Documents
Sale FlyerOffering Memorandum
Units for Lease
Price Per Sqft/Year: $16.00 - $20.00