15 Franklin Street, Selma, AL 36703 (MLS # 586574)

Price $296,000
Status Active
Size 6,200 sqft
Lot Size n/a
Days on Market 9
Step into a one-of-a-kind historic downtown property full of character, charm, and endless potential. The Anchor, located in downtown Selma, is currently operating as an event venue with endless opportunities. The main floor offers an open-concept entertaining space ideal for weddings, parties, corporate events, retail, restaurant or creative use. It's equipped with smart LED lighting, projector screens, prep kitchen, 4 bathrooms and several storage closets. The second floor is a blank canvas ready for your vision; perfect for expanding the venue space, creating luxury loft apartments, an Airbnb, office suites, private event space, or a personal residence. Original wood floors, exposed brick walls, and historic beams provide the perfect foundation for redevelopment while preserving the buildings timeless charm. This unique property blends historic charm with modern updates and offers incredible income-producing potential in a prime downtown location. A rare opportunity to own a landmark-style building with both commercial and mixed-use possibilities.
Property Type(s): Commercial
Last Updated 5/8/2026 Year Built 1900
Community Highland Ave to Franklin St to Jeff Davis Ave County Dallas

Additional Details

AIR Central Air, Electric, Multi Units
AIR CONDITIONING Yes
AREA Highland Ave to Franklin St to Jeff Davis Ave
CONSTRUCTION Brick Veneer
HEAT Central, Electric
INTERIOR High Speed Internet
LOT DESCRIPTION City Lot, Level
LOT DIMENSIONS 66x51x67x51
TAXES 87
UTILITIES Cable Available, Electricity Available, Natural Gas Available, Water Available

Location

 

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Listed with RE/MAX Tri-Star
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