2817 Bessemer Rd - Freestanding FOR SALE


Birmingham, AL 35208- Rising-West Princeton
$880,000 USD
205-773-0354
2817 Bessemer Rd, Birmingham, AL for Sale
$880,000 USD
Freestanding - FOR SALE
1/12
null | 8.39% Cap Rate

2817 Bessemer Rd
Birmingham, AL 35208
Rising-West Princeton


OVERVIEW

Primed and ready for a build out to a new large commercial office, retail, or warehouse, with parking lot and signage. Or even keep it as is and have cash flow from four commercial tenants and 7 residential tenants. Downstairs, and accessible from the street behind the building, are five residential units, fully occupied and already cash flowing. Less than a mile from the opportunity zone of the Crossplex Development and Five-Points West shopping and retail district. 21,000+ cars drive past the building every day. Big signage opportunities, as well as rent appreciation and chance to build in new equity for your business' physical building or as purely an investment property. All block construction with interior metal framing and a metal roof. Updated plumbing and electrical.

FOR SALE DETAILS

PRICE

$880,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

8.39%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Residential, Light Distribution, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

B2

APN/PARCEL ID

29-00-05-1-020-012.000

ASK ABOUT THIS PROPERTY

Davey LanshawBear Flag Property ManagementMore Info
205-773-0354

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Davey LanshawBear Flag Property ManagementMore Info
205-773-0354

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