530 Beacon Pky W - Office FOR SALE


Birmingham, AL 35209- Homewood
$3,500,000 USD
205-757-0237
530 Beacon Pky W, Birmingham, AL for Sale
$3,500,000 USD
Office - FOR SALE
1/39
null | Request Cap Rate

530 Beacon Pky W
Birmingham, AL 35209
Homewood


OVERVIEW

9 Story Office Building for Sale on Beacon Parkway atop Red Mountain offering Incredible views and ample parking. Value add opportunity through lease up or residential conversion. Recent Capex improvements including new roof, exterior paint, and HVAC upgrades. 236 parking spaces. PROPERTY HIGHLIGHTS Amazing views from Red Mountain. Ample Parking and very short drive to I-65. Easy access to Red Mountain Expressway, Hwy 280, Hwy 31. Most of the current tenants are UAB affiliated. Surrounded by neighboring office buildings, mid rise condos, apartments, and retail. Close proximity to Edgewood. One of the areas most desirable neighborhoods. Currently zoned C-2 General Commercial which would allow for residential conversion.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$59 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Tower Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

9

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

236

LAND DETAILS

LAND ACRES

6.3 AC

LAND SF

274,428 SF

ZONING

C-2

APN/PARCEL ID

29-00-14-2-001-001.000

ASK ABOUT THIS PROPERTY

John TallyJB Tally, LLCMore Info
205-757-0237

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John TallyJB Tally, LLCMore Info
205-757-0237

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