Downtown Commercial Space
For Sale
$1,200,000
1329 4th Ave, Birmingham, AL 35233
Prime commercial space in a sought-after downtown location.
Property Size4,800 SF
Price / SF$250
Days on Market186
Property Features for 1329 4th Ave
General Information
Standard status
Active
Size
4,800 SF
Building Details
Year Built
2023
Listing Agency:
ARC Realty Vestavia
Listed By:
Matt Rudak · License #129941
(205) 542-7860
Source:
Alrealtorgroup
Added: Apr 7
Changed: Oct 4
Last Checked: Oct 7 at 2:42PM
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 ARC Realty Vestavia
Investment Insights
Based on property information with market context.
This commercial space offers up to 4,800 square feet in a downtown location. The property is located steps from Regions Field, local breweries, restaurants, and downtown nightlife. With 44 residential units directly above, the space benefits from built-in foot traffic. This versatile space is suitable for various uses, including a restaurant, retail space, creative office, or fitness studio.
Key Highlights
- Prime downtown location near Regions Field, breweries, restaurants, and nightlife
- Up to 4,800 SF of versatile commercial space
- Built‑in foot traffic from 44 residential units above
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,912
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,240
$938.2K
Cap Rate 7%
$670,171
$670.2K
Cap Rate 9%
$521,244
$521.2K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$74.9K $15.60/SF
− Vacancy
−$7.9K −$1.64/SF
EGI
$67.0K $13.96/SF
− OpEx
−$20.1K −$4.19/SF
NOI
$46.9K $9.77/SF
Area
Birmingham, AL
Vacancy
10.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,240
Cap Rate 7%
$670,171
Cap Rate 9%
$521,244
Alternative Uses
Best Use
Retail
$670.2K
$586.4K – $781.9K
NOI $46,912 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$985.8K – $1.31M
NOI $78,866 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
Explore this area
Business Placement
Demographics for 35233, AL
2,588
Population
2,710
Households
1
Avg Household Size
27
Median Age
90%
College-Educated
99%
High-School Grad
1.5 sq mi
ZIP Area
1,725
Density / Sq Mi
$52,207
Median Household Income
$48,750
Median Earnings
$1,526
Median Rent
$332,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Birmingham, AL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Prime commercial space in a sought-after downtown location.
Where is this retail space located?
The property is located at 1329 4th Ave Birmingham, AL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime downtown location near Regions Field, breweries, restaurants, and nightlife; Up to 4,800 SF of versatile commercial space; Built‑in foot traffic from 44 residential units above
