511 11th St N - Warehouse FOR SALE


Birmingham, AL 35203- Fountain Heights
$1,680,000 USD
205-949-2704
511 11th St N, Birmingham, AL for Sale
$1,680,000 USD
Warehouse - FOR SALE
1/22
null | Request Cap Rate

511 11th St N
Birmingham, AL 35203
Fountain Heights


HIGHLIGHTS

  • ±2,850 sf Main Office Space Plus ±1,050 Second Floor Office
  • Three Buildings Can be Separated or Used by a Single User
  • Warehouse/Manufacturing/Showroom space in Each Buildings
  • Recent CAPEX Including Roofs, Paving, Demo and Renovation, Slab Work and Epoxy Flooring, Electrical, Finish Work, etc.
  • Incredible Interstate 65 Visibility to 136,000 VPD; Near I-65 with North and South Bound Onramp Access
  • Rooftop Views of Downtown City Skyline

OVERVIEW

511 Building – For sale or lease with immediate availability. Located on a corner lot at the intersection of 5th Ave N and 11th Street N, the 511 Building is situated in the Birmingham Central Business District and the Opportunity Zone. The location provides visibility from I-65 which has a traffic count of 136,000+ per day. Additionally, it provides easy access to both north and south bound I-65 onramps. The property is blocks from downtown Birmingham, is close to Innovation Depot, Hardware Park and is in the Switch District. The ±21,000 sf property has office and warehouse/manufacturing space suitable for many uses, tenants, end users, and investors.? Four drive-in doors, three separate buildings with internal connectivity and offices in two of the buildings provide easy subdivision into multiple spaces or allows for a single fully integrated user.? The .87-acre total parcel includes a large, fenced storage yard (±10,000 sf) which provides another rare amenity in the downtown market.? Large parking lot on the corner of 5th and 11th provides easy building access or fleet parking and the property has multiple entrances.? The buildings have received significant CAPEX work in the last year and are in a good, usable condition.? Seller has construction capabilities and possible flexibility to assist with potential tenant improvement work.?

FOR SALE DETAILS

PRICE

$1,680,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront Retail/Office, Showroom, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

UTILITIES

Lighting

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.87

LAND SF

37,897

ZONING

M1

APN/PARCEL ID

22-00-35-4-025-002.000

ASK ABOUT THIS PROPERTY

Brian SavageColliersMore Info
205-949-2704

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Brian SavageColliersMore Info
205-949-2704

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