Downtown Commercial Space
1329 4th S Avenue Birmingham, AL 35233
1329 4th S Avenue, Birmingham, AL, 35233
$1,200,000
For Sale
$1,200,000
Prime commercial space in a sought-after downtown location.
Property Size4,800 SF
Price / SF$250
Days on Market364
Property Features for 1329 4th S Avenue
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2023
Listing Agency
ARC Realty Vestavia
(205) 542-7860
Listed by
Matt Rudak · License #129941
(205) 542-7860
Source
Exitrealty
Added: Jul 19, 2025 Checked: Jul 16 at 6:28 am
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
Local Financial Insights For Retail
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 | $74.9k | $15.60 |
| − Vacancy | −$7.9k | −$1.64 |
| EGI | $67.0k | $13.96 |
| − OpEx | −$20.1k | −$4.19 |
| NOI | $46.9k | $9.77 |
4,800 SF · lease $15.60/SF/yr · vacancy 10.50% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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 S Avenue 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
