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Hotel with Ground-Floor Retail
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1023 20th St S, Birmingham, AL 35205

Nine stories of lodging are paired with leased restaurant and service space at street level.

Property Size34,950 SF
Days on Market2

Property Features for 1023 20th St S

General Information

Standard status Active
Size 34,950 SF
Property subtype Other

Building Details

Building Size 34,950 SF
Year Built 1931
Year Renovated 2026
Buildings 1
Stories 9
Construction masonry
Listing Agency: Hilco Global
Listed By: Weston Worsham · License #373549
Source: Commercialcafe
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hilco Global

Investment Insights

Based on property information with market context.

This 63-room, nine-story hotel occupies a masonry building constructed in 1931 and undergoing renovation. The property includes 5,354 SF of ground-floor retail space, leased to restaurant and service businesses. It operates under the Hotel Indigo name within the IHG Hotels & Resorts portfolio and is classified as Upper Upscale.

The property is at 1023 20th St S in Birmingham’s Five Points South district, near the University of Alabama at Birmingham. The area is described as a dining and entertainment district, and downtown is served by the convergence of Interstates 20, 59 and 65. UAB’s academic medical center and employers including Regions Financial and Protective Life are also identified in the surrounding context.

Key Highlights

  • 63‑room hotel in a nine‑story masonry building
  • 5,354 SF of ground‑floor retail leased to restaurant and service tenants
  • Built in 1931; currently undergoing renovation

Property Analytics

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Current Use

RX Lounge Restaurant Hotel Indigo Birmingham ... Hotel & Motel LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Pharmacy Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

Demographics for 35205, AL

20,137
Population
11,908
Households
1.7
Avg Household Size
30
Median Age
56%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
5,442
Density / Sq Mi
$49,194
Median Household Income
$35,230
Median Earnings
$1,005
Median Rent
$292,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Birmingham, AL

8.1% 2019
7.3% 2020
6.4% 2021
5.9% 2022
5% 2023
6% 2024
6.1% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - Nine stories of lodging are paired with leased restaurant and service space at street level.
Where is this hotel located?
The property is located at 1023 20th St S Birmingham, AL.
What are key features of this property?
This property features: 63‑room hotel in a nine‑story masonry building; 5,354 SF of ground‑floor retail leased to restaurant and service tenants; Built in 1931; currently undergoing renovation
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