508 82nd St N - Churches FOR SALE


Birmingham, AL 35206- North Eastlake
$600,000 USD
919-589-7600
508 82nd St N, Birmingham, AL for Sale
$600,000 USD
Churches - FOR SALE
1/10
null | Request Cap Rate

508 82nd St N
Birmingham, AL 35206
North Eastlake


OVERVIEW

Very large, 3 connected buildings including education, tons of classrooms and offices, assembly/events, fellowship and food preparation comprising approximately 22,000 sf in the heart of Birmingham with next door the 100 acre beautiful East Lake Park as it's exterior grounds for events and recreation. Perfect for churches, daycare and schools and sold far below replacement cost and tax value. Seller financing terms and price are available upon request based upon qualifications. Buy now with a one-of-a-kind program, the Good Works Accelerator (www.GoodWorksAccelerator.com) that specializes in giving growing churches and other organizations a opportunity to own bigger spaces to accelerate their missions and ministries. Price offered at a fraction of replacement cost and tax value. Finance terms can include subsidies like free period, construction loan period (for repairs and upfit) with deferred payments for many months, and monthly mortgage payment lower than lease rate. Please contact for more details if interested. Broker commission being offered as well. Please call, text, or email to schedule a showing and obtain information. 508 82nd street is a fabulous church/office/school campus in the heart of beautiful Birmingham AL! Ideal for any church, organization, or investor group (can be for-profit or nonprofit) doing good works in the community. Learn more about the Good Works Accelerator (GWA) below. There is interest across the board for after school programs, non profits, office suite rentals, summer programs, food programs (commercial kitchen), outdoor space, religious services, and more! This is another church facility offered by the Good Works Accelerator (GWA) program. GWA matches growing groups doing good work in the community and needing a new physical home with GWA's church campuses. GWA uses real estate as an "accelerator" to help spread and multiply good works throughout served communities. GWA bridges the gap so those organizations can lease and then hopefully purchase these church campuses that they might otherwise not be able to access/purchase. GWA offers more relaxed underwriting, subsidies to participants and the elimination of the common concern/fear of having your facility sold to someone else when the groups acquire a purchase option. Next steps are to fill out an application at https://goodworksaccelerator.com/gwas-lease-and-building-ownership-program/ and begin the conversation!

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$27 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

R3

APN/PARCEL ID

23-00-10-1-023-001.000

ASK ABOUT THIS PROPERTY

Jay BrickstoneGood Works AcceleratorMore Info
919-589-7600

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Jay BrickstoneGood Works AcceleratorMore Info
919-589-7600

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