Downtown Commercial Space
For Sale
$1,200,000
1329 4TH AVENUE S, Birmingham, AL 35233
Prime commercial space in a sought-after downtown location.
Property Size4,800 SF
Price / SF$250
Days on Market474
Property Features for 1329 4TH AVENUE S
General Information
Standard status
Active
Size
4,800 SF
Property subtype
Retail
Site & Location
Neighborhood
Bush Hills
Building Details
Building Size
4,800 SF
Year Built
2023
Listing Agency:
ARC Realty Vestavia
Listed By:
Matt Rudak · License #129941
(205) 542-7860
Source:
Rightspacecre
Added: Jul 18, 2025
Changed: Nov 2
Last Checked: Oct 31 at 12:06AM
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
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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.
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Birmingham, AL
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 AVENUE S 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
