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Historic Mixed-Use Building
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1st Ave North, Birmingham, AL 35203

Brick-and-masonry construction and shell condition provide a foundation for redevelopment planning.

Property SizeContact for details
Days on Market143

Property Features for 1st Ave North

General Information

Standard status Active
Property subtype Mixed Use

Building Details

Year Built 1920
Buildings 1
Construction brick and masonry
Listing Agency: Ironvest Partners
Listed By: Robert Crook · License #AL 000003190
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:33PM

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 Ironvest Partners

Investment Insights

Based on property information with market context.

Built in 1920, this mixed-use property is a historic brick-and-masonry structure currently in shell condition. The building is partially sprinkler-equipped and is identified as a potential Historic Tax Credit project. Nearby parking options provide flexibility for future users.

The property is situated in downtown Birmingham near the Pizitz building and its food hall. Railroad Park, Regions Field, the Lyric Theatre, the Alabama Theatre, and a range of restaurants, bars, and businesses are within walking distance. A Marriott hotel development with 338 rooms is under active construction one block away, while the proposed Tempo by Hilton project is located half a block from the property.

Key Highlights

  • Historic 1920 mixed‑use building with brick‑and‑masonry construction
  • Currently in shell condition and partially equipped with sprinklers
  • Potential Historic Tax Credit project

Property Analytics

Current Use

Arcadis Alabama Engineering Consultant Red Mountain Law ... Law Firm Manly & Manly Law Firm EMW LAW, LLC Law Firm CenaduriaMorelia Restaurant

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Spa & Massage Center Parking Lot & Garage Hair Salon

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

177
Businesses Nearby

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 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?
Mixed-use property - Brick-and-masonry construction and shell condition provide a foundation for redevelopment planning.
Where is this mixed-use property located?
The property is located at 1st Ave North Birmingham, AL.
What are key features of this property?
This property features: Historic 1920 mixed‑use building with brick‑and‑masonry construction; Currently in shell condition and partially equipped with sprinklers; Potential Historic Tax Credit project
(205) 977-9797 Call to check price and availability
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