315 E Spring St, Dothan, AL 36303

$29,000
2
BA
1,025
SqFt

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List Price
$29,000
Status
ACTIVE
MLS#
215052
Subtype
Residential
Style
Other
Year Built
1911
Bathrooms
2
Half Baths
2
Living Area
1,025
Lot Size
7,405
Acres
0.17
Subdivision
Old Neighborhoods
MLS Area Major
1 NE-Inside Circle

Property Description

Prime investment and redevelopment opportunity in Dothan! Located at 315 E Spring St, this property was previously a popular neighborhood grocery store. It has since been rezoned to "R-4: Residential, Attached, High, High Density (2-7 units)", meaning a commercial business license can no longer be obtained—making this the ideal site for a buyer looking to develop much-needed affordable housing for the community! This property ($29,000) can be purchased individually or as part of a high-potential 3-parcel package deal. The package includes the adjacent 0.17-acre lot, 317 E Spring St (listed for $5,500) and the neighboring 1.72-acre lot, O E Spring St (listed for $10,500). All three adjoining properties carry R-4 zoning, offering exceptional potential for townhomes, duplexes, or multi-family units. Any requested zoning changes require buyer to submit a variance application to the City's Board of Zoning Adjustments.

Additional Information

Property Description
Other
Flooring
Other
Appliances
None
Stories
1
Levels
One
Foundation
Slab, Other
Parking Features
None
Elementary School
Landmark
Middle School
Dothan Prep/Carver 9th
High School
Dothan High School (Grades 10 - 12)

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Calculator source: Real Geeks

Listing courtesy of ERA Porch Light Properties.