Selma Mall, once a thriving commercial property, recently found itself on the clearance rack.
The mall is now in escrow following the Ten-X.com auction last month that ended with a bid of $800,000. The exact details of the deal and buyer will be made available after escrow has been closed.
The 316,412-square-foot mall was built on the eight-acre site on Highland Avenue in 1970 at the height of popularity of shopping malls in America. The growth of online shopping has chipped away at brick-and-mortar stores everywhere, including Selma Mall.
The mall still has anchor tenants Belk, GNC, Hibbett Sports, Footlocker, Citi Trends and Le Nails. But with more than 30 vacant stores, the mall has a lean and hungry look.
“We’re watching and wishing for the best,” said Linda Hahn, at the nail salon Le Nails in the same location for over 25 years. “We love Selma and love being here in the mall. All of our loyal customers know we’re here, and we’d love to continue to service our community for many more years to come.”
Selma Mall is located at 1391 East Highland Avenue.
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...RED FLAG WARNING IN EFFECT FROM 7 AM TO 7 PM CDT SATURDAY...
The National Weather Service in Birmingham has issued a Red Flag
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* RELATIVE HUMIDITY...As low as 18 percent.
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