2001 3rd Ave S Birmingham, AL 35233
Mixed-use property near UAB with redevelopment potential.
Type:Hospitality, Multifamily, Office, Retail
Property size:
478,000 SF- Added:
- Aug 2, 2023
- Days on Market:
- 1000
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 2001 3rd Ave S
General Information
- Standard status
- Active
- Size
- 478,000 SF
- Property subtype
- Hospitality, Multifamily, Office, Retail
Building Details
- Year Built
- 1925
Listing agent Dean Nix License #AL 30788
Listing office Harbert Realty Services
Listing date Aug 2, 2023
Source Crexi
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 Harbert Realty Services
Overview
Redevelopment Opportunity Near UAB
This property is ideally positioned adjacent to the University of Alabama Birmingham (UAB), which directly employs 28,000 individuals and generated a $12.1 billion economic impact in Birmingham in 2022. UAB also has an enrollment of 22,500 students. The property is directly across the street from the 20 Midtown I, II, & III mixed-use developments, which consist of 436 luxury apartment units as well as retailers such as Milo’s Hamburgers, Publix, Chipotle, Starbucks, Cava, and Panda Express. The property consists of a 16-story (+basement) and a 10-story (+basement and Mezzanine) building which are connected, offering a wide variety of redevelopment opportunities. The original 11-story structure was constructed in 1925. An addition was completed in the 1950s, and a 1/5 scale bronze replica of Lady Liberty was placed on top of the original building. This Lady Liberty now resides at the Urban Center at Liberty Park. The property has historical significance in the area and may qualify for both state and federal historic tax credits. The property is located in an Opportunity Zone. The property was built in 1925, 1953, 1968, and 1972. The property size is 478000 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
United Investors Life ...
Insurance Agency
Liberty National Auto ...
Insurance Agency
Friends of Rickwood
Charitable Organization
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Shelby
- State
- Alabama
- Longitude
- -86.705641
- Latitude
- 33.536701
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FAQs
What type of property is this?
Mixed-use property - Mixed-use property near UAB with redevelopment potential.
Where is this mixed-use property located?
The property is located at 2001 3rd Ave S Birmingham, AL.
What are key features of this property?
This property features: Adjacent to UAB, a major employer with 28,000 employees and a $12.1 billion economic impact.; Located directly across from 20 Midtown mixed‑use development featuring 436 luxury apartments and retailers.; Offers a wide variety of redevelopment opportunities due to connected 16‑story and 10‑story buildings.
