Professional Office Building For Sale

1330 21st Way South Birmingham, AL 35205

Birmingham
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,799,000
Last Verified:
Mar 27, 2024

Highlights

  • Total building size is 13,350 ± SF
  • Rentable office space is 10,662 ± SF
  • Surface parking lot includes 15 spaces and plenty of available street parking
  • Building includes a basement/parking garage of 2,688 ± SF
  • Rentable office space is currently 100% occupied *Current owner would vacate 3,258 square feet on the second floor for a new owner/occupant
  • 8 total tenants pay an average of $20.42 per sf Elevator serves all four floors

Description

1330 21st Way South is an exceptional, all brick professional office building located in Birmingham’s Highland Park neighborhood. This is an excellent opportunity for either an owner/occupant, or an investor. It is currently set up for eight (8) different tenant suites but can be reconfigure to accommodate either more or less.

1330 21st Way South is conveniently located in the revitalized Highland Park Neighborhood on Birmingham’s south side. Tenants can easily walk less than ten minutes to James Beard award winning restaurants in the Five Points neighborhood. The building is also located directly adjacent to The Cortland Vesta, which is Birmingham’s newest, and most upscale high rise apartment complex. The close proximity to Red Mountain Expressway provides convenient access to Birmingham’s central business district, UAB, and Birmingham’s most affluent suburbs.

Building Size: 13350sq ft
Building Class: B
Lot Size: 0 acres

Map of 1330 21st Way South, Birmingham, AL, 35205

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.