2024 3rd Ave N - Office FOR SALE


Birmingham, AL 35203- Central City
$3,975,000 USD
205-326-2222
2024 3rd Ave N, Birmingham, AL for Sale
$3,975,000 USD
Office - FOR SALE
1/4
null | 8.44% Cap Rate

2024 3rd Ave N
Birmingham, AL 35203
Central City


HIGHLIGHTS

  • Building was fully renovated in 2018
  • All new HVAC systems, electrical wiring, plumbing, and fixtures
  • Excellent in location in Birmingham’s Central Business District

OVERVIEW

Prime Investment Opportunity! 21,000 square foot office building currently being operated as executive office suites. 54 individual office suites are currently 88.4% occupied. The building was fully renovated in 2018, which included all new HVAC systems, electrical wiring, plumbing, and fixtures. All 3 floors have common conference and break rooms.

FOR SALE DETAILS

PRICE

$3,975,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

8.44%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1904

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,084 SF

ZONING

B-4

APN/PARCEL ID

22-00-36-2-011-018.000

ASK ABOUT THIS PROPERTY

Rich VanchinaTessa Commercial Real EstateMore Info
205-326-2222

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Rich VanchinaTessa Commercial Real EstateMore Info
205-326-2222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.