1010 Water Ave

For Lease

1010 Water Ave, Selma, AL 36701

You can currently find 1 retail space(s) available for lease at 1010 Water Ave. Designated use type for space listed here includes retail. Current retail listings at this property total 4,000 square feet. Lease type options include Modified Gross. Expand the listing and property details below for additional information on leasing opportunities at 1010 Water Ave.

Space Available For Lease 1

Contacts

broker
Sabriya Morris

eXp Commercial

Property Details

  • Property Type Retail - Street Retail
  • Property Size 4,000 SF
  • Lot Size 0.1 Acre
  • Year Built 1900
  • Date Updated Apr 3, 2025
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.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.
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Highlights

  • 4,000 SF charming historic property.
  • Previously built out as a restaurant.
  • Flexible space for creative design.
  • Direct river access with picturesque views.
  • Ideal for diverse business uses.
  • Boasts modern amenities and historic character.
  • Prime leasing opportunity in vibrant Selma location.

Getting around

  • 53/100

    Walk Score ®

  • 31/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Selma, AL
  • Zip Code 36701

Points of Interest

  • Cougar Mini Shop

    1.79 miles

  • Murphy USA

    1.87 miles

  • Marathon

    2.03 miles

  • Captain's Corner Gas Station

    2.98 miles

  • Texaco

    3.13 miles

  • Petro Gas Station

    4.65 miles

  • Chevron

    4.70 miles

  • Selma City Marina Parking

    1.46 miles

  • El Ranchero

    0.15 miles

  • Bayou Rouge Bistró

    0.18 miles

  • Little Caesars

    1.67 miles

  • KFC

    1.73 miles

  • Popeyes

    1.78 miles

  • Hardee's

    1.78 miles

  • Pizza Hut

    1.79 miles

  • Sonic

    1.82 miles

  • Wendy's

    1.82 miles

  • Domino's

    1.82 miles

  • Selma Mall

    1.83 miles

  • Walmart Supercenter

    1.96 miles

  • Winn-Dixie

    2.75 miles

  • Dave's Market

    5.39 miles

1010 Water Ave Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at 1010 Water Ave asks $18.00/SF/YR per square foot.

  • The property includes 4,000 square feet of retail space for lease. Of this total, 4,000 square feet are Retail.

    Lease agreement conditions for the availability at this property include Modified Gross.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Sabriya Morris

eXp Commercial

  1. 1Main information
  2. 2Extra information
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