4800 E Lake Blvd - Service FOR SALE


Birmingham, AL 35217
$1,470,000 USD
423-326-7878
4800 E Lake Blvd, Birmingham, AL for Sale
$1,470,000 USD
Service - FOR SALE
1/4
null | 7.5% Cap Rate

4800 E Lake Blvd
Birmingham, AL 35217


OVERVIEW

Introducing 4800 East Lake Blvd, Birmingham, AL – a premier investment opportunity in the rapidly developing East Lake district. This commercial property offers diverse income streams and is strategically positioned for high visibility, making it a prime asset for investors. Key Property Features: Total GLA: The property features a total gross leasable area (GLA) of approximately 5,500 square feet, ideal for a variety of commercial uses. Office Space: Includes approximately 1,600 square feet of office/showroom area, complete with one retail/commercial garage roll-up door, providing a flexible space for businesses needing both office and display areas. Warehouse Space: The warehouse offers approximately 3,900 square feet of space, plus an additional approximate 1,700-square-foot outside canopy area, perfect for extensive storage and operational needs. Outdoor Area: A large, fenced outdoor area provides additional storage, parking, or operational use, enhancing the property’s versatility. Roll-Up Doors: The warehouse is equipped with two large roll-up grade-level doors, facilitating easy access for loading and unloading operations. Electrical Power: The property is fitted with two 200-amp electrical panels, featuring 3-phase power, ideal for businesses requiring substantial electrical capacity. Restaurant Space: The property also includes an approximately 2,400-square-foot restaurant, currently under a 7-year lease, providing a stable income stream and additional investment security. Investment Highlights: Multi-Use Property: With a mix of office, showroom, warehouse space, and a leased restaurant, the property offers diverse income streams and flexible leasing options. Strong ROI Potential: The property’s strategic location, combined with its versatile spaces and existing long-term restaurant lease, makes it an attractive option for investors seeking stable returns and long-term appreciation. Growing Community: The East Lake area is undergoing significant redevelopment, attracting new businesses and residents, positioning this property at the center of a growing community. Prime Location: Located on a major thoroughfare, 4800 East Lake Blvd ensures high visibility and easy access, essential for businesses aiming to maximize their customer reach. Seize this exceptional opportunity to invest in a versatile commercial property with multiple income streams in one of Birmingham’s most promising neighborhoods. Contact us today to schedule a viewing and explore the full potential of 4800 East Lake Blvd.

FOR SALE DETAILS

PRICE

$1,470,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

5

LAND DETAILS

LAND ACRES

1.31

LAND SF

57,064

ZONING

-

APN/PARCEL ID

23-08-4-002-048.000-RR-01

ASK ABOUT THIS PROPERTY

Ashley MisselKW CommercialMore Info
423-326-7878

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Ashley MisselKW CommercialMore Info
423-326-7878

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.