Commercial Sale

502 S Court St - $1,950,000 - (256) 710-3783

This 37,579 SF facility, located on a 1.44-acre lot in the vibrant center of downtown Florence, presents a unique opportunity for businesses in need of expansive, flexible space in a prime, easily accessible location. Formerly home to the Coca-Cola Bottling Company and most recently used as a Comcast Cable warehouse. Perfectly suited for office operations, tech firms, light manufacturing, storage or multi-family re-development. It features approximately 6,500 SF of office space with remaining area dedicated to a wide-open warehouse with 3 Phase Electrical, sprinkler system, minimal obstructions, offering endless possibilities, for open work-spaces, production, or secure storage. With its central location, the property provides excellent visibility & accessibility, an on-site parking lot along Court Street ensures convenient parking for both staff and visitors. Full building plans are available upon request.(Warehouse 31,079sf; Ceiling Height Min 10'; Ceiling Height Max 20')

505 N Seminary St - $1,379,000 - (205) 510-9200

We are pleased to exclusively offer for sale this single-tenant, net-leased office building located at 505 N Seminary St in Florence, Alabama. The property is 100% leased to Modern Academy of Cosmetology, a locally owned private school founded in 2017 offering a full range of cosmetology specialties. In 2024, the building underwent a comprehensive $715,000 demolition, renovation, and custom buildout. Capital improvements include a new roof, insulation, HVAC units, tankless water heaters, gas piping, upgraded plumbing (including new sewer line to the parking lot and water supply lines), new cabinets, updated electrical panels and wiring, new flooring, and fresh interior and exterior paint.

The building consists of approximately 8,600 net rentable square feet and is situated on a fee simple parcel. The current lease commenced on October 15, 2024, and carries a 10-year primary term with one 5-year renewal option. The lease features 10% rental increases every five years. The landlord is responsible for taxes, insurance, roof, and structure, while the tenant covers all utilities, routine building maintenance, and HVAC repairs.

Florence is the largest city in the metropolitan area known as “The Shoals,” which also includes Muscle Shoals, Sheffield, and Tuscumbia, spanning Colbert County and Lauderdale County. Florence serves as the primary economic hub of northwestern Alabama. As of 2026, Florence’s population is approximately 42,716, with the broader MSA totaling approximately 156,000 residents — reflecting growth of more than 5% since the 2020 Census. The region continues to benefit from its proximity to Huntsville (approximately 60 miles east) and Nashville (approximately 120 miles north), two of the fastest-growing cities in the United States.

This investment opportunity offers stable, long-term cash flow backed by a committed tenant that has made significant capital investments into the property, aligning tenant and landlord interests for long-term success.

215 N Court - $1,250,000 - (866) 253-4666

Coming Soon-Rare mixed-use investment in Historic Downtown Florence. This impeccably restored circa-1920 building features a fully leased street-level retail space plus two designer-finished boutique residences operating as successful short-term rentals. Reclaimed hardwoods, exposed brick, and striking iron-and-glass accents create an unforgettable experience. Prime Court Street frontage, walkable to dining, shopping, UNA, and the legendary Muscle Shoals music scene.

201 Dr Hicks Blvd - $2,750,000 - (866) 253-4666

This stately medical building in the center downtown Florence was previously a bank and renovated in 2006 to become a medical office. Located in a high traffic area, this building includes custom cabinetry throughout topped with marble and ceramic. There is an elevator as well as many exam rooms, bathrooms, break rooms and a fabulous conference room. Plenty of parking around the building as well as an adjoining employee parking lot. Showings by appointment only.

315 N Court St - $5,900,000 - (205) 510-9200

Marcus and Millichap is pleased to exclusively offer for sale, The Stricklin Building, a fully leased mixed-use investment opportunity located in the historic downtown district of Florence. Originally constructed in 1946 and extensively renovated in 2018, the property contains approximately 30,000 square feet of gross leasable area and is anchored by The Stricklin Hotel, a modern 24-room boutique hotel and event center. The property is 100% triple-net (NNN) leased, providing investors with stable, passive income while minimizing landlord responsibilities. Positioned in vibrant downtown Florence, the building offers hotel guests and visitors immediate walkable access to the city’s restaurants, retail, nightlife, and entertainment venues.

The asset is further strengthened by three complementary NNN tenants that enhance income diversification. Big Bad Breakfast occupies the highly visible ground-floor retail space with frontage along North Court Street. The basement level houses The Boiler Room, an upscale entertainment venue featuring bowling lanes, darts, shuffleboard, and a full-service bar. A boutique gift shop completes the tenant mix. The tenant roster carries a weighted average remaining lease term of approximately eight years, providing long-term income stability.

With a population of roughly 156,000, Florence serves as the primary economic hub of northwestern Alabama. The area has experienced more than 5% population growth since the 2020 Census. Strategically located approximately 60 miles west of Huntsville and 120 miles south of Nashville, two of the fastest growing metropolitan areas in the United States, the region benefits from expanding economic activity, tourism, and regional connectivity.

120 Tennessee St - $1,500,000 - (256) 248-4320

Historic downtown Florence property featuring approximately 7,500 SF of finished space. Built in 1906, the building includes a ground-floor area previously used as an attorney’s office and two upstairs apartments, each with two bedrooms and one bathroom. An additional unfinished basement provides approximately 3,000 SF of space.

426 Veterans Dr - $6,750,000 - (256) 766-0998

This approximately 25,580 SF office and operations facility sits on 1.97 acres in downtown Florence. The property features private offices, extensive workstation space, a loading dock, fiber connectivity, a backup generator, and a reinforced storm shelter. Parking includes 99 on-site spaces plus approximately 30 nearby overflow spaces. Renovated in 2009 and expanded in 2011, the building offers substantial space for office and administrative operations.

Commercial Lease

118 E Mobile St - $495 month - (256) 366-8502

This single commercial office space in downtown Florence is located within walking distance to restaurants, the courthouse, and the University of North Alabama. With its designated parking, this office space is perfect for a personal office or a small business with the flexibility to double the available space by adding the next door unit.

204 Walnut Street S -
$16.00/SF/YR - (256) 766-0998

Office building located in downtown Florence, housed in a the building with a Federal agency. Security is onsite during business hours. Current lease is offered in a as-is delivery, owners would consider customizing space to tenants needs and schematic floor plan is available upon request.

204 W Tuscaloosa St - $3,250 - (256) 766-0998

204 Tuscaloosa Street is located in downtown Florence, one block from Court Street. This beautiful converted home would make a great office or retail space. The main level features two large rooms and a break room. Upstairs you have three private offices, a collaborative work area and a half bath. The off street private parking is a added bonus!

727 E Tennessee Street - $1,350 - (256) 764-3137

Office space available in a high-traffic area of downtown Florence. The space includes one private office, lobby/reception area, conference area, open workstation area, and a private bathroom. Ideal for professional or small business use.

208 Marengo St - $12/SF/YR - (256) 766-0998

Approximately 3,200 SF of commercial space near downtown Florence. Previously used as a medical office, this freestanding building offers space for medical or professional office use. Offered under a triple-net lease.

216 S Marengo St - $14–$14.50/SF/YR - (256) 766-0998

Office space available at Marengo Place in downtown Florence. Two suites are advertised, ranging from approximately 1,498 to 1,582 SF. The property offers private entrances, parking, and monument signage, with space suited to professional or medical offices. Lease rates vary by suite.

729 E Tennessee St - $1,850/month - (256) 764-3137

Available now, this approximately 900 SF office space is located along a high-traffic corridor in downtown Florence. The space features three private offices and a bathroom. Utilities are not included in the monthly rent.

721 E Tennessee St - $1,300/month - (256) 764-3137

Available December 10, 2026. This approximately 1,610 SF retail or office space features an open floor plan, a bathroom, and a storage room. Utilities are not included in the monthly rent.