# 15 Franklin Street, Selma, AL 36703

> **TL;DR:** commercial, $296,000 ($48/sqft), built 1900, 6,200 sqft.
> A/C. Est. $1,283/mo. Listed 24 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $296,000 |
| Price/sqft | $48 |
| Square Feet | 6,200 |
| Year Built | 1900 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 24 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,283 |
| **Total** | **$1,283** |

## Nearby Schools

- **Middle:** ,

## Key Amenities

- A/C

## Property Highlights

- Built in 1900
- 4 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 15 Franklin Street, Selma, AL 36703
- **County:** Dallas
- **Coordinates:** 32.40785, -87.017702
- **Google Maps:** https://www.google.com/maps?q=32.40785,-87.017702

## Listing Agent

- **Name:** Mandy Henry
- **Brokerage:** RE/MAX Tri-Star
- **Phone:** 3342442400
- **Email:** Mandyhenry@remax.net

## Primary Photo

![15 Franklin Street - Primary Photo](http://lh.rdcpix.com/e8a2dd7288e8ef769d594c8b79748679l-f2565220206r.jpg)

*18 total photos available on [listing page](https://www.propertysimple.com/listing/15-franklin-street-selma-al-36703-l586574)*

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**MLS#:** 586574 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Montgomery Area Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/15-franklin-street-selma-al-36703-l586574)

---

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