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2024 3rd Ave N
Birmingham, AL 35203
Office Property For Sale


INVESTMENT HIGHLIGHTS
- Building was fully renovated in 2018
- Excellent in location in Birmingham’s Central Business District
- All new HVAC systems, electrical wiring, plumbing, and fixtures
EXECUTIVE SUMMARY
Prime Investment Opportunity! 21,000 square foot office building currently being operated as executive office suites. 54 individual office suites are currently 88.4% occupied. The building was fully renovated in 2018, which included all new HVAC systems, electrical wiring, plumbing, and fixtures. All 3 floors have common conference and break rooms.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
21,000 SF
Building Class
B
Year Built/Renovated
1904/2018
Price
$5,473,138 CAD
Price Per SF
$260.63 CAD
Cap Rate
8.44%
NOI
$461,792 CAD
Percent Leased
88%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,000 SF
Building FAR
2.96
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
B-4 - Business-Residential District
AMENITIES
- 24 Hour Access
- Kitchen
- High Ceilings
- Natural Light
- Reception
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 22-00-36-2-011-018.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $298,182 CAD |
PROPERTY TAXES
Parcel Number
22-00-36-2-011-018.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$298,182 CAD
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