Historic Downtown Office
For Sale
Contact for pricing
Pending
1904 1st Ave N, Birmingham, AL 35203
Historic office building with a 14,000-square-foot surface lot and fully leased tenant occupancy.
Property SizeContact for details
Days on Market121
Property Features for 1904 1st Ave N
General Information
Standard status
Pending
Property subtype
Office
Listing Agency:
Colliers - Birmingham, Alabama
Listed By:
Will Canary · License #AL 000119845
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 8 at 2:13PM
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 Colliers - Birmingham, Alabama
Investment Insights
Based on property information with market context.
The Saks Building is an 18,686-square-foot historic office redevelopment presented for disposition. The sale includes a 14,000-square-foot surface lot with 48 parking spaces. The building is fully leased with three credit tenants.
The property was renovated during a 2014 through 2019 scope, and much of the building’s systems are described as functionally new. While the space is leased, the remarks indicate the second-floor space is leased well below market and that additional parking income has not been pursued through after-hours or weekend use by third parties.
Ownership is selling the building and lot together as a 100% occupied office asset with the included surface parking.
The property was renovated during a 2014 through 2019 scope, and much of the building’s systems are described as functionally new. While the space is leased, the remarks indicate the second-floor space is leased well below market and that additional parking income has not been pursued through after-hours or weekend use by third parties.
Ownership is selling the building and lot together as a 100% occupied office asset with the included surface parking.
Key Highlights
- 18,686 SF historic office building located in downtown Birmingham
- Includes a 14,000 SF surface lot with 48 parking spaces
- Fully leased with three credit tenants (100% occupied)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8,243
Businesses Nearby
Explore this area
Business Placement
Demographics for 35203, AL
3,595
Population
2,114
Households
1.7
Avg Household Size
37
Median Age
41%
College-Educated
83%
High-School Grad
2.1 sq mi
ZIP Area
1,712
Density / Sq Mi
$46,829
Median Household Income
$51,183
Median Earnings
$954
Median Rent
$288,600
Median Home Value
Market
Vacancy Rate% for Office in Birmingham, AL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Historic office building with a 14,000-square-foot surface lot and fully leased tenant occupancy.
Where is this office building located?
The property is located at 1904 1st Ave N Birmingham, AL.
What are key features of this property?
This property features: 18,686 SF historic office building located in downtown Birmingham; Includes a 14,000 SF surface lot with 48 parking spaces; Fully leased with three credit tenants (100% occupied)
