Beautiful Historic, Downtown Building
Location<br>On the corner of North Foster Street and W Troy Street, Dothan AL<br><br>Sale<br>*360° Virtual Tour & Drone Video Links above*
The Colby Building dominates the corner of N. Foster and W. Troy Street in Dothan, Alabama. This three-level historic, unique and mesmerizing building was originally J.C. Penney's department store built in 1937. It has since been completely remodeled to include Bella's Fine Dining, Bella's Ballroom & bridal suite, and 22 offices along the 3rd floor with private entrance on W. Troy Street. In addition, Dothan's first rooftop bar - Bella's Rooftop Bar, will soon be developed with a capacity of 100 people.
The main entrance to The Colby Building is encompassed by beautiful glass doors and windows. Located on popular Foster Street - the focal point of Downtown. Through these glass doors is Bella's Ballroom, a high-end event venue equipped with a full kitchen, stage-video wall, and additional seating on the mezzanine level. The mezzanine level features the Bridal Suite with 3 rooms and a bathroom.
- The Colby Building is also home to Dothan's only fine dining restaurant: Bella's Fine Dining. The restaurant is for sale for $461,000 to include all inventory, equipment, furniture, loyal customer base, and more. Bella's private entrance is at 111 W. Troy street and consists of a deli, 2 private rooms, an extravagent dining room + full bar, a full kitchen and 1st & 2nd level seating. The lower level features the Speak Easy lounge, with a full bar and seating area + 2 private rooms that can be rented - the Bourbon & Wine room (2,848 SF)
- The 3rd level features The Colby Suites (6,945 SF) 22 offices ranging from 100-400 SF in size. Can access through the ballroom stairs or private entrance on W. Troy St. Much of the original signage, flooring and vintage glass partitions have been preserved and still beautifully kept in place. The 3rd level also includes a private owner’s suite of 2,289 SF of space to include: 2BR, 2BA, spacious office, living room, kitchen, a sauna and workout room.
The Colby Building and Bella's Fine Dining is perfectly located in the heart of Downtown Dothan with endless potential and new possibilities. Downtown is undergoing several improvements and new additions, some of which to include: opera house enhancements, new amphitheater, hotel & mixed-use developments, a new Wiregrass arts & innovation center and more. The new city center has been approved and is highly anticipated. The projects will be completed in phases over the next few years which will increase traffic and consumers to the area.