550 Greensboro
550 Greensboro Ave
Tuscaloosa, AL 35401
Description
For Sale: A prime piece of Tuscaloosa's vibrant downtown, this 51,964 sq/ft, five-story building offers an unparalleled opportunity for investors and developers. Situated in the heart of the city, mere steps from the University of Alabama, this property combines location, size, and potential in a way that's rare for the area. With 87 off-street parking spaces, it addresses one of downtown's most pressing needs, ensuring convenience for tenants or guests.
This solid, well-maintained office building presents a multitude of possibilities. Its current configuration makes it an ideal headquarters for businesses looking for a prestigious address in Tuscaloosa. Alternatively, its robust steel structure and concrete floors on bar joists provide the perfect canvas for a hotel or condo conversion. Imagine ground-floor retail or a restaurant, adding a dynamic element to the bustling streetscape, perfectly complementing neighbors like Chuck's Fish.
Located on the corner of Greensboro Ave and 6th Street, the property also fronts University Blvd, offering exceptional visibility and traffic. Directly across from the Embassy Suites, it sits at a nexus of commerce, education, and lodging, making it a strategic choice for any venture.
Whether looking to utilize the existing office space or transform it into Tuscaloosa's next premier residential or hospitality destination, this building represents a unique opportunity. Its location, structure, and potential are a trifecta rarely found on the market, making it a must-see for any serious investor or developer aiming to make a mark in Tuscaloosa. Owner will consider Sale, Lease, or Joint Venture with right partner.
Northwest corner of 6th Street and Greensboro Ave
