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511 11th St N
21,000 SF Industrial Building Birmingham, AL 35203 $1,680,000 ($80/SF)
Investment Highlights
- ±2,850 sf Main Office Space Plus ±1,050 Second Floor Office
- Warehouse/Manufacturing/Showroom space in Each Buildings
- Incredible Interstate 65 Visibility to 136,000 VPD; Near I-65 with North and South Bound Onramp Access
- Three Buildings Can be Separated or Used by a Single User
- Recent CAPEX Including Roofs, Paving, Demo and Renovation, Slab Work and Epoxy Flooring, Electrical, Finish Work, etc.
- Rooftop Views of Downtown City Skyline
Executive Summary
Located on a corner lot at the intersection of 5th Ave N and 11th Street N, the 511 Building is situated in the Birmingham Central Business District and the Opportunity Zone. The location provides visibility from I-65 which has a traffic count of 136,000+ per day. Additionally, it provides easy access to both north and south bound I-65 onramps. The property is blocks from downtown Birmingham, is close to Innovation Depot, Hardware Park and is in the Switch District.
The ±21,000 sf property has office and warehouse/manufacturing space suitable for many uses, tenants, end users, and investors.? Four drive-in doors, three separate buildings with internal connectivity and offices in two of the buildings provide easy subdivision into multiple spaces or allows for a single fully integrated user.? The .87-acre total parcel includes a large, fenced storage yard (±10,000 sf) which provides another rare amenity in the downtown market.? Large parking lot on the corner of 5th and 11th provides easy building access or fleet parking and the property has multiple entrances.? The buildings have received significant CAPEX work in the last year and are in a good, usable condition.? Seller has construction capabilities and possible flexibility to assist with potential tenant improvement work.?
Property Facts
Amenities
- Fenced Lot
- Front Loading
- Signage
- Skylights
- Yard
- Storage Space
- Monument Signage
- Fiber Optic Internet
Utilities
- Lighting - LED
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
511 Building – For sale or lease with immediate availability. Located on a corner lot at the intersection of 5th Ave N and 11th Street N, the 511 Building is situated in the Birmingham Central Business District and the Opportunity Zone. The location provides visibility from I-65 which has a traffic count of 136,000+ per day. Additionally, it provides easy access to both north and south bound I-65 onramps. The property is blocks from downtown Birmingham, and is close to Innovation Depot, Hardware Park and is in the Switch District. The ±21,000 sf property has office and warehouse/manufacturing space suitable for many uses, tenants, end users, and investors. Four drive-in doors, three separate buildings with internal connectivity and offices in two of the buildings provide easy subdivision into multiple spaces or allows for a single fully integrated user. The .87-acre total parcel includes a large, fenced storage yard (±10,000 sf) which provides another rare amenity in the downtown market. Large parking lot on the corner of 5th and 11th provides easy building access or fleet parking and the property has multiple entrances. The buildings have received significant CapEX work in the last year and are in a good, usable condition. Seller has construction capabilities and possible flexibility to assist with potential tenant improvement work.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 21,000 SF | Industrial | - | Now |
1st Floor
| Size |
| 21,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 21,000 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
511 Building – For sale or lease with immediate availability. Located on a corner lot at the intersection of 5th Ave N and 11th Street N, the 511 Building is situated in the Birmingham Central Business District and the Opportunity Zone. The location provides visibility from I-65 which has a traffic count of 136,000+ per day. Additionally, it provides easy access to both north and south bound I-65 onramps. The property is blocks from downtown Birmingham, and is close to Innovation Depot, Hardware Park and is in the Switch District. The ±21,000 sf property has office and warehouse/manufacturing space suitable for many uses, tenants, end users, and investors. Four drive-in doors, three separate buildings with internal connectivity and offices in two of the buildings provide easy subdivision into multiple spaces or allows for a single fully integrated user. The .87-acre total parcel includes a large, fenced storage yard (±10,000 sf) which provides another rare amenity in the downtown market. Large parking lot on the corner of 5th and 11th provides easy building access or fleet parking and the property has multiple entrances. The buildings have received significant CapEX work in the last year and are in a good, usable condition. Seller has construction capabilities and possible flexibility to assist with potential tenant improvement work.
PROPERTY TAXES
| Parcel Number | 22-00-35-4-025-002.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $139,060 |
PROPERTY TAXES
zoning
| Zoning Code | M1 (Industrial) |
| M1 (Industrial) |
-
Brian Savage -
Colliers
Presented by
511 11th St N
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