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Investment Highlights

  • Fabulous Location! On the corner of Hwy 31 and Pizitz Drive and VERY VISIBLE!

Executive Summary

Owner has held the property for close to 20 years, but is getting closer to retirement, and considering selling. Tenant income has been excellent, as location is fantastic! Property sits at the corner of Hwy 31 and Pizitz Drive with 40,000+ cars passing directly in front daily. Pizitz Drive is also a major thoroughfare off Hwy 31, as folks will turn here to get to Vestavia Hills High School, Vestavia's Pizitz Intermediate School and to access the popular Rocky Ridge Road area of Vestavia. City of Vestavia Hills is the 2nd highest per capita in income in the state of Alabama, and the 2nd highest in per capita education in Alabama. Property is a short drive to Birmingham city, and just down the street from I/65 and I/459. Current tenant income has been excellent with tenants being most artsy, and woman owned (ladies spa, hair stylists, nail salons, eye brow salon), but also professional (with physical therapist, Amish Furniture Dealer, and small business offices). Or if looking to redevlop the site, this could be acheived easily for any commercial need (medcial offices, multifamily residential, restaurant/multi-commercial, etc.) as property is 3.25 acres. If available, owner is interested in opportunities from buyer to stay on in an equity position, or as property manager, etc., and is willing to look at selling options as well.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,000 SF
Building Class
C
Year Built/Renovated
1970/2022
Price
$6,618,222 CAD
Price Per SF
$509.09 CAD
Cap Rate
4.84%
NOI
$320,461 CAD
Percent Leased
83%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.09
Lot Size
3.25 AC
Zoning
B-2 - Commercial
Parking
80 Spaces (8.33 Spaces per 1,000 SF Leased)
Frontage
280’ on Montgomery Highway

Amenities

  • 24 Hour Access

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 19
  • 1,100 SF
  • Office/Retail
  • -
  • Now

FABULOUS LOCATION!!! Retail/Office Space for your business directly on Hwy 31 in Vestavia Hills!!! Plenty of parking with huge open lot area. Space is large, open area with private restroom and walk-in closet. Additional client seating and large restroom in shared hallway. Grow your business by Advertising on the optional Hwy 31 Sign Marquee that hits 50,000 cars daily!!! Call to schedule an appointment to view!

  • 199
  • 420 SF
  • Office/Retail
  • -
  • Now

Fabulos Location on Highway 31 in Vestavia Hills, a nicer suburb of Birmingham. Recently remodeled with open architectural ceiling and decorative lighting! Shared client seating in hallway and nice large shared handicap restroom. Nice shared kitchen as well. Plenty of parking. Opportunity to advertise your business on the Highway 31 Sign Marquee thats hits 40,000+ cars passing directly in front of every day. Entire Vestavia Hills South Area is being revitalized with new restaurants, sidewalks and common area parks. 2nd highest per capita income in state of Alabama. 2nd highest education per capita in state of Alabama. Just down the street from I/65 and I/459. Call to schedule a viewing!

  • 151
  • 200 SF
  • Office/Retail
  • -
  • Now

Fabulous Corner Office Business/Retail Suite Available directly on Hwy 31 in Vestavia Hills! Advertise your business on our Hwy 31 Sign Marquees and hit the 50,000+ cars that pass in front daily! Space just repainted. Restrooms across the hall and shared client seating in foyer. Plenty of parking! Just down the street from I/65 and I/459. Message for more info or to schedule a viewing!

  • 171
  • 450 SF
  • Office/Retail
  • -
  • Now

Fantastic Corner Office or Retail Suite on Highway 31 in Vestavia Hills! GREAT LOCATION! Huge windows line 2 walls! Open Architectural Ceiling, Wet Bar, Private Restroom and Walk in Closet. Nice client seating area in foyer. Plenty of Parking. Just down the street from I/65 and I/459. Options to advertise your business on the Highway 31 Pole Sign that hits the 35,000 +/- cars that pass by daily! Great Location at a Great Price! Call to schedule an appointment to view space!

Space Size Space Use Position Available
19 1,100 SF Office/Retail - Now
199 420 SF Office/Retail - Now
151 200 SF Office/Retail - Now
171 450 SF Office/Retail - Now

19

Size
1,100 SF
Space Use
Office/Retail
Position
-
Available
Now

199

Size
420 SF
Space Use
Office/Retail
Position
-
Available
Now

151

Size
200 SF
Space Use
Office/Retail
Position
-
Available
Now

171

Size
450 SF
Space Use
Office/Retail
Position
-
Available
Now

19

Size 1,100 SF
Space Use Office/Retail
Position -
Available Now

FABULOUS LOCATION!!! Retail/Office Space for your business directly on Hwy 31 in Vestavia Hills!!! Plenty of parking with huge open lot area. Space is large, open area with private restroom and walk-in closet. Additional client seating and large restroom in shared hallway. Grow your business by Advertising on the optional Hwy 31 Sign Marquee that hits 50,000 cars daily!!! Call to schedule an appointment to view!

199

Size 420 SF
Space Use Office/Retail
Position -
Available Now

Fabulos Location on Highway 31 in Vestavia Hills, a nicer suburb of Birmingham. Recently remodeled with open architectural ceiling and decorative lighting! Shared client seating in hallway and nice large shared handicap restroom. Nice shared kitchen as well. Plenty of parking. Opportunity to advertise your business on the Highway 31 Sign Marquee thats hits 40,000+ cars passing directly in front of every day. Entire Vestavia Hills South Area is being revitalized with new restaurants, sidewalks and common area parks. 2nd highest per capita income in state of Alabama. 2nd highest education per capita in state of Alabama. Just down the street from I/65 and I/459. Call to schedule a viewing!

151

Size 200 SF
Space Use Office/Retail
Position -
Available Now

Fabulous Corner Office Business/Retail Suite Available directly on Hwy 31 in Vestavia Hills! Advertise your business on our Hwy 31 Sign Marquees and hit the 50,000+ cars that pass in front daily! Space just repainted. Restrooms across the hall and shared client seating in foyer. Plenty of parking! Just down the street from I/65 and I/459. Message for more info or to schedule a viewing!

171

Size 450 SF
Space Use Office/Retail
Position -
Available Now

Fantastic Corner Office or Retail Suite on Highway 31 in Vestavia Hills! GREAT LOCATION! Huge windows line 2 walls! Open Architectural Ceiling, Wet Bar, Private Restroom and Walk in Closet. Nice client seating area in foyer. Plenty of Parking. Just down the street from I/65 and I/459. Options to advertise your business on the Highway 31 Pole Sign that hits the 35,000 +/- cars that pass by daily! Great Location at a Great Price! Call to schedule an appointment to view space!

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Burn Boot Camp
Walmart Neighborhood Market
United Community Bank
Waffle House
Zaxby's
Truist
Jazzercise
Cadence Bank
CrossFit

Property Taxes

Property Taxes

Parcel Number
29-00-36-4-007-001.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$357,802 CAD
  • Listing ID: 41378485

  • Date on Market: 2026-07-21

  • Last Updated:

  • Address: 1401 Montgomery Hwy, Birmingham, AL 35216

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