Downtown Enterprise: Redevelopment Opportunity

218 S. Main Street, Enterprise, AL 36330This 4,328 sq. ft. building is located on Main Street in Enterprise, AL. The existing structure is a mix of retail/office space and warehouse in the rear. The property is prepped for a mixed-use redevelopment, with plans for retail on the ground floor and luxury lofts on the 2nd floor. The sale includes a pre-development package with development assets and significant groundwork already completed. The included plans propose an 8,930 sq. ft. mixed-use building, featuring 3,750 sq. ft. of retail space on the ground floor and 5,180 sq. ft. of luxury loft apartments above. Alternatively, buyers have the flexibility to revise plans or utilize the existing structure for an alternate project. This proposed development is a great opportunity for buyers looking to step into a project with significant pre-development progress already achieved, reducing the timeline and effort to bring the vision to life. The city’s support and infrastructure investments further enhance the value of this site.Introducing a visionary mixed-use development poised to transform the bustling thoroughfare of Main Street in Downtown Enterprise. The Lofts on Main is set to break ground end of 2024 and will seamlessly integrate ground floor retail space with luxury residential lofts on the 2nd floor. The ground floor will be constructed as an open canvas of 4,000 Sq. Ft. designed to accommodate a diverse array of businesses and size requirements. Built-to-suit tenant needs are at the forefront, with customizable size and space specifications ranging from 1,000 to 4,000 sq. ft. bays available. In the thriving landscape of Downtown Enterprise, retailers and restaurateurs are poised for success. Since 2000, Enterprise has seen a remarkable 25.4% population increase, solidifying its reputation as one of the fastest-growing communities in the state. Enterprise is closely associated with nearby Fort Novosel, situated 7 miles away, and is the home of Army Aviation. Ft. Novosel has a post population of approximately 20,000, contributing to the city's high military presence and cultural richness. Recognized as the "Alabama Boom Town of the Year" in 2010, Enterprise's economic strength and vibrant atmosphere make it an ideal destination for retailers and residents alike. Secure your space today in the heart of Enterprise's thriving downtown district!