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2839 7th Ave S
Birmingham, AL 35233
Avon Place · Retail Property For Sale


Investment Highlights
- Long-term commitment and passive income stream
- UAB impact
- Significant multifamily growth
- Strategic Location
- Rare historic opportunity in Lakeview
- Tax incentives and assemblage potential
Executive Summary
Cushman & Wakefield | EGS Investment Sales Group is pleased to exclusively offer the fee simple ownership of the ±21,828 SF Avon Place building and Lakeview Parking Lot (36 spaces) at the intersection of 7th Avenue South and 29th Street South in Birmingham, AL (the “Property”). The Property is a rare opportunity to acquire a strategically located historic asset in the heart of the Lakeview Entertainment District, known for its blend of Birmingham history, industrial character, and walkable dining, entertainment, and hospitality options.
Located near downtown, UAB, UAB St. Vincent’s, Sloss Furnaces, Highland Park, and Pepper Place, the Property connects several of the city’s most attractive commercial, medical, educational, and residential areas. Within walking distance of UAB St. Vincent’s and less than one mile from UAB’s hospital and campus, the Property benefits from strong demand driven by UAB’s significant economic impact on the region. The Property may also qualify for federal, state, and local tax incentives, including historic rehabilitation credits, creating additional value for investors and developers.
An adjacent site is available for separate purchase, offering assemblage potential. In addition, the Property’s proximity to Forest Park, Highland Park, Mountain Brook, and Homewood provides convenient access to some of Birmingham’s most desirable and affluent residential neighborhoods.
Located near downtown, UAB, UAB St. Vincent’s, Sloss Furnaces, Highland Park, and Pepper Place, the Property connects several of the city’s most attractive commercial, medical, educational, and residential areas. Within walking distance of UAB St. Vincent’s and less than one mile from UAB’s hospital and campus, the Property benefits from strong demand driven by UAB’s significant economic impact on the region. The Property may also qualify for federal, state, and local tax incentives, including historic rehabilitation credits, creating additional value for investors and developers.
An adjacent site is available for separate purchase, offering assemblage potential. In addition, the Property’s proximity to Forest Park, Highland Park, Mountain Brook, and Homewood provides convenient access to some of Birmingham’s most desirable and affluent residential neighborhoods.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
21,828 SF
Building Class
C
Year Built
1901
Price
$6,106,930 CAD
Price Per SF
$279.78 CAD
Cap Rate
8.25%
NOI
$503,821 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
13’
Building FAR
1.06
Lot Size
0.47 AC
Zoning
B2 - General Business
Parking
71 Spaces (1.61 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $407,007 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$407,007 CAD
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