Historic Downtown Office
1902 8th Street Tuscaloosa, AL 35401
1902 8th Street, Tuscaloosa, AL, 35401
$825,000
For Sale
$825,000
SINGLE_FAMILY - Other - Tuscaloosa, AL
Property Size3,275 SF
Lot Size0.20 Acres
Price / SF$251.91
Days on Market10
Property Features for 1902 8th Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Exterior features
- Landscaping
- Standard status
- Active
- APN
- 31-05-22-1-112-023.000
- Size
- 3,275 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Description
- Lot Pt 278 In Orig City Sur Subd Desc. As: Beg. At S.E. Cor. Of Lot 278, McCalla St. Center Sur. Of 1891, N. 138' (S) With 19th Ave., W. 55 (S)', S. 28. (S)', W. 9' (S), S. 108. (S)' To 8th St., E. 63' (S) With St. To P.O.B.
- Tax Annual Amount
- 3404
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1866
- Number of units
- 1
- Flooring type
- Wood, Hardwood, Carpet
- Building materials
- VinylSiding
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing Agency
Keller Williams Tuscaloosa
(205) 759-3400
1490 Northbank Pkwy, Tuscaloosa, AL
Listed by
Alice Maxwell · License #50524
(205) 344-0636
Added: Jul 8 Checked: Jul 17 at 12:06 pm
MLS# 176228
Copyright © 2026 West Alabama Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic office building was built in 1866 and is arranged to support both private work and team meetings. The layout includes four separate offices, a large conference room, and a fully equipped kitchen. Additional gathering space is provided by two comfortable seating areas, suited to informal discussions or brief breaks. An upstairs level includes two bedrooms and a bathroom, adding flexibility for uses that benefit from dedicated private rooms.
The property is located in downtown Tuscaloosa at 1902 8th Street. It sits on a 0.2-acre lot and is offered with ample parking for multiple vehicles, helping reduce the need for street parking.
For tenants or owner-users seeking a character-forward space with dedicated offices and built-in meeting areas, this building’s configuration supports administrative functions, client-facing work, or other professional office needs. The presence of a kitchen and conference room can reduce the need for off-site arrangements, while the upstairs rooms provide an additional option for private use. Parking on site is an added convenience for daily operations and meeting days.
The property is located in downtown Tuscaloosa at 1902 8th Street. It sits on a 0.2-acre lot and is offered with ample parking for multiple vehicles, helping reduce the need for street parking.
For tenants or owner-users seeking a character-forward space with dedicated offices and built-in meeting areas, this building’s configuration supports administrative functions, client-facing work, or other professional office needs. The presence of a kitchen and conference room can reduce the need for off-site arrangements, while the upstairs rooms provide an additional option for private use. Parking on site is an added convenience for daily operations and meeting days.
Key Highlights
- Commercial office building built in 1866 with vinyl siding and shingle/composition roof
- Includes 4 separate offices plus a large conference room
- Fully equipped kitchen and 2 seating areas
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.8k | $19.80 |
| − Vacancy | −$14.3k | −$4.36 |
| EGI | $50.6k | $15.44 |
| − OpEx | −$12.6k | −$3.86 |
| NOI | $37.9k | $11.58 |
3,275 SF · lease $19.80/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$541.9K
$474.2K – $632.2K
NOI $37,934 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$787.0K
$688.6K – $918.2K
NOI $55,091 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Eric Wilson Law, ...
Law Firm
Burns & Wilson LLC
Law Firm
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FAQs
What type of property is this?
Office building - Office building with multiple private offices, conference space, and a kitchen, plus on-site parking for staff and visitors.
Where is this office building located?
The property is located at 1902 8th Street Tuscaloosa, AL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Commercial office building built in 1866 with vinyl siding and shingle/composition roof; Includes 4 separate offices plus a large conference room; Fully equipped kitchen and 2 seating areas