515 Mabry St - Health Care FOR SALE


Selma, AL 36701
$499,000 USD
404-446-7481
515 Mabry St, Selma, AL for Sale
$499,000 USD
Health Care - FOR SALE
1/3
null | Request Cap Rate

515 Mabry St
Selma, AL 36701


HIGHLIGHTS

  • Previously housed 120 beds
  • Eligible for Historic Tax Credits & Grant Funding
  • Ideal for Cash Buyers, Private Investors, or Mission-Driven Groups
  • Additional information and property tour available upon receiving verifiable proof of funds (POF)
  • 10% discount available if entire portfolio is purchased
  • OWNER FINANCING available, motivated seller

OVERVIEW

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, 515 Mabry St 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 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, 515 Mabry St and the Selma Six represent a once-in-a-generation opportunity to invest in a story that shaped the nation. A rare large-footprint redevelopment opportunity in Selma, Alabama. This property is ideal for expansive, community-oriented redevelopment—whether for healthcare, education, mixed-use, nonprofit headquarters, or residential conversion. Its substantial lot size offers a wide range of potential uses, while the historic nature of the building makes it a strong candidate for grant programs and historic tax credits. As part of the Selma Six portfolio, 515 Mabry St is uniquely positioned to anchor transformation within the city—combining scale, history, and purpose to serve as a cornerstone investment for visionary developers or organizations.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$15 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Included in Selma Six Portfolio

PROPERTY TYPE

Health Care

ADD'L SUBTYPES

Assisted Living, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1884

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.65 AC

LAND SF

115,434 SF

ZONING

R-50-P

APN/PARCEL ID

11-07-36-2-002-083.0000

ASK ABOUT THIS PROPERTY

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404-446-7481

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404-446-7481

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