Office Space
2127 1st Avenue North Birmingham, AL 35203
Details & Description
Price: $2,750,000
    $2,750,000 ($305/SF) + Rare 15-Space Parking Lot Included• Historical Downtown Birmingham Office Investment Sale• 9,000 SF Building plus Parking Lot• Building completely renovated 2017-2018; Built in 1924• 0.21 AC• Zoned B4• 4.5 years remaining on lease with 2% annual rent escalations• Tenant pays all utilities, janitorial, and maintenance. Landlord pays taxes/insurance• Excellent walkability to an array of nearby amenities including: The Essential Cafe, Cayo Coco Rum Bar & Restaurante, The Alabama Peanut Company, Atomic Bar & Lounge, Pilcrow Cocktail Cellar & Honeycreeper Chocolate Shoppe• All showings must be arranged through BrokerEXCELLENT GROWTH ALONG 1ST AVENUE AND MORRIS AVE.2127 is poised to take advantage of the recent growth taking place along 1st Avenue Northand Morris Avenue. Founders Station, which fronts both 1st Ave and Morris, which featuresupscale dining and retail space and condominiums, has been met with much excitement andshould bring even more traffic to the area. The Commerce Building is currently being renovated into a new, upscale hotel. The Row5 development on Morris, featuring 5 luxury row-houses,was recently completed and all units have been sold, and Mercantile on Morris retail/residentialdevelopment is underway just feet from 2127.ON-SITE PARKING2127 1st Avenue features 15 dedicated, on-site parking spots for its tenants. This is veryuncommon for smaller office buildings downtown and is a major competitive advantage overother office buildings in the downtown CBD that vie for similar tenants to fill their space.
    Listing Agents
    Casey Howard

    O: 205-323-2020
    M: 205-458-8130
    choward@harbertrealty.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2127 1st Avenue North

    Birmingham, AL 35203

    No Longer Listed
    2127 1st Avenue North Birmingham, AL 35203 | for Sale | Photo 1
    Price
    $ /mo
    Description

    $2,750,000 ($305/SF) + Rare 15-Space Parking Lot Included

    • Historical Downtown Birmingham Office Investment Sale

    • 9,000 SF Building plus Parking Lot

    • Building completely renovated 2017-2018; Built in 1924

    • 0.21 AC

    • Zoned B4

    • 4.5 years remaining on lease with 2% annual

     rent escalations

    • Tenant pays all utilities, janitorial, and maintenance. Landlord

     pays taxes/insurance

    • Excellent walkability to an array of nearby amenities including:

     The Essential Cafe, Cayo Coco Rum Bar & Restaurante, The

     Alabama Peanut Company, Atomic Bar & Lounge, Pilcrow

     Cocktail Cellar & Honeycreeper Chocolate Shoppe

    • All showings must be arranged through Broker

    EXCELLENT GROWTH ALONG 1ST AVENUE AND MORRIS AVE.

    2127 is poised to take advantage of the recent growth taking place along 1st Avenue North

    and Morris Avenue. Founders Station, which fronts both 1st Ave and Morris, which features

    upscale dining and retail space and condominiums, has been met with much excitement and

    should bring even more traffic to the area. The Commerce Building is currently being renovated into a new, upscale hotel. The Row5 development on Morris, featuring 5 luxury row-houses,

    was recently completed and all units have been sold, and Mercantile on Morris retail/residential

    development is underway just feet from 2127.

    ON-SITE PARKING

    2127 1st Avenue features 15 dedicated, on-site parking spots for its tenants. This is very

    uncommon for smaller office buildings downtown and is a major competitive advantage over

    other office buildings in the downtown CBD that vie for similar tenants to fill their space.

    Attachments & Files

    Birmingham Area Market Trends

    Listing Demographics for 2127 1st Avenue North Birmingham, AL 35203

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population7,58674,890166,746
    Population Median Age323838
    Population by Age0-9 Yrs659 (8%)7835 (10%)19997 (11%)
    10-19 Yrs1255 (16%)8046 (10%)19873 (11%)
    20-29 Yrs2471 (32%)15306 (20%)29528 (17%)
    30-39 Yrs1132 (14%)10750 (14%)23195 (13%)
    40-49 Yrs490 (6%)8167 (10%)19005 (11%)
    50-59 Yrs595 (7%)9433 (12%)20362 (12%)
    60-69 Yrs626 (8%)7986 (10%)18667 (11%)
    70+ Yrs358 (4%)7368 (9%)16118 (9%)
    Median HH Income$21,139$36,376$40,680
    Total Household Income< 24K1556 (53%)12866 (38%)24097 (34%)
    25-49K455 (15%)7365 (21%)15656 (22%)
    50-74K292 (10%)4557 (13%)9766 (13%)
    75-99K196 (6%)2623 (7%)6248 (8%)
    100-199K311 (10%)4092 (12%)9552 (13%)
    200K+79 (2%)2170 (6%)5121 (7%)
    Highest Education LevelNo Diploma650669813035
    Diploma or GED12291130125970
    Some College790993022616
    Assoc. Degree13929946982
    Bachelors Degree7261209624810
    Higher Degree674872819218
    Total Housing Units3,75343,10189,150
    --Owner-Occupied42212,95134,007
    --Renter-Occupied2,46820,72336,434
    Owner-Occupied Values< 100K30453512543
    100-199K17123415459
    200-299K13616964592
    300-399K4512243294
    400-499K17752187
    500K+3923795932
    Total Working Age Population6,81763,160136,778
    In Work Force3,32638,02981,808
    Not In Work Force3,49125,13054,969
    Workforce Employed2,83534,81775,030
    Workforce Unemployed4913,1876,705
    Civlian Workforce3,32638,00481,736
    Military Workforce02672
    Total Households2,88933,67370,440
    Family Households76915,47936,781
    Non-Family Households2,12018,19433,659
    Married Couple3058,27420,874
    Other Family4647,20615,908
    Married w/Child622,4987,351
    Single Male w/Child185131,053
    Single Female w/Child2862,9116,349

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Alabama4,447,100+74,779,736+34,940,253+45,124,380
    Jefferson County662,047-1658,466+1662,4580665,244

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2127 1st Avenue North in Birmingham?
    The asking price for 2127 1st Avenue North is $2,750,000
    What is the building size of this Office property in Birmingham, AL?
    The size of the building/unit at 2127 1st Avenue North in Birmingham is 9,000 square feet
    How much land does the Birmingham, AL property at 2127 1st Avenue North include?
    2127 1st Avenue North in Birmingham includes 0.210 acres of land
    What kind of Office is the propery at 2127 1st Avenue North?
    The property at 2127 1st Avenue North Birmingham, AL 35203 is listed as a Professional Office property
    What is the population within 1 mile of 2127 1st Avenue North in Birmingham?
    The population within 1 mile of 2127 1st Avenue North Birmingham, AL 35203 is 7,586 people.
    Who do I contact for questions about 2127 1st Avenue North?
    You should contact the listing agent, Casey Howard, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Birmingham-Shuttlesworth International Airport (BHM) 4
    Huntsville International Carl T Jones Field (HSV) 78
    Montgomery Regional (Dannelly Field) Airport (MGM) 87