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2400 1st Ave N
Birmingham, AL 35203

Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Prominent City Center Corner
  • 9,000 sf of wrap-around Parking included
  • Ideal Investment & Re-Development Opportunity
  • Exceptional 360 degree natural light exposure with beautiful views of Downtown Skyline & Red Mountain
  • Historical Tax Credits, Opportunity Zone Credits and possible City available with this property.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,000 SF
Building Class
B
Year Built
1900
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.70
Lot Size
0.33 AC
Zoning
B4 - Central Business District
Parking
36 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
200 FT on 1st Ave

AMENITIES

  • Corner Lot
  • Fireplace
  • Signage
  • Signalized Intersection
  • Skylights
  • Roof Terrace

ABOUT 2400 1ST AVE N , BIRMINGHAM, AL 35203

Redevelopment Property This prominent downtown Birmingham corner is a prime area for redevelopment at 1st Avenue N and 24thStreet, only a few blocks from many downtown Birmingham attractions: UAB Medical Center, Protective Stadium/Uptown, Rotary Trail, Birmingham Jefferson Convention Complex, including many Restaurants, Lofts, Hotels and Businesses nearby. The two-story Building is 10,000 square ft. with an additional 9,000 square ft. of Wrap-Around parking (currently 36 parking spaces with a drive-through to the alleyway and 24thStreet). Typical of the period, beautiful Post-and-Beam construction provides no load-bearing walls, enabling complete reconfiguration of both floors for ultimate flexibility in renovation and usage. The second story features beautiful wood flooring throughout with modern “period” skylights overhead. The building features a solid tar-and-gravel roof, but a third story addition is possible if desired onset or in the future. The building also features 12.5' ceiling heights with exceptional views of both the Downtown Birmingham city skyline and Red Mountain’s Vulcan statue. Historical Tax Credits, Opportunity Zone Credits, and possible City Credits are all available with this redevelopment property. Portfolio of three adjacent Parcels.

PROPERTY TAXES

  • Listing ID: 17760860

  • Date on Market: 11/19/2019

  • Last Updated:

  • Address: 2400 1st Ave N, Birmingham, AL 35203