Properties

Rare Office + Parking Lot Portfolio Sale

2121-2127 1st Ave N
Birmingham, AL 35203

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The property is located along the busy 1st Avenue North corridor of Downtown Birmingham. The area has seen a recent surge in activity over the last several years with projects including the new Kelly Hotel (96-room Hilton Tapestry), Landing Headquarters, Rotary Trail, Morris Avenue Retail/Restaurant District, Mercantile on Morris mixed-use retail/residential development, Pizitz Food Hall and McWane Science Center. The property is also boasts easy access to Red Mountain Expressway, US Highway 280 and Interstate 65.

Location

Centrally located on 1st Ave N with easy highway/interstate access

Sale Price

$3M ($229/SF)

Size

13,100 SF + additional gated parking lot on Morris Avenue with 15 spaces

Zoning

B4

Property Details

Features

  • Walk Score: 93 – Walker’s Paradise – Walking distance to all of the downtown core and nearby retail/restaurants
  • Perfect for End User/Owner Occupier that can occupy part of the building (or entire building at a later date)
  • Building is 65% Vacant
  • Short term leases in place that provide flexibility for Owner to occupy up to 8,590 SF immediately and cash flow the balance of the building

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