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$1,700,000
Est. payment /mo
10,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 10,200 sqft
Price per Sqft $166
MLS Listing ID 21420808
Year Built 1940
Lot Size 1.000 Acres
Property Sub-Type Industrial
Property Description
Strategically located at 130 3rd Ave N, this 42,000 SF commercial building sits on a nearly 1-acre lot in Birmingham's Westside submarket. With a projected 2.47% population growth within a 1-mile radius by 2029, the area is poised for expansion . The property benefits from proximity to major employers like the University of Alabama at Birmingham and Regions Financial Corporation, bolstering its appeal . Recent trends indicate a steady rise in commercial rents, with the Birmingham metro experiencing its fastest rent rate increase in seven quarters . Offered at $1.7M, this asset presents a prime opportunity for investors seeking growth in a revitalizing urban corridor.
Location
State AL
County Jefferson
Area Downtown Birmingham, Southside
Interior
Interior Features Masonry
Heating Other
Cooling None
Flooring Concrete (FLOOR)
Exterior
Parking Features 11+
Building
Sewer Other
Water Public Water
Others
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/bham/21420808
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Listed by B & B Realty Group