Four-Story Retail Redevelopment
2020 THIRD AVE N Birmingham, AL 35203
2020 THIRD AVE N, Birmingham, AL, 35203
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For Sale
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Historic four-floor retail building offers redevelopment upside on a major downtown thoroughfare.
Property Size56,000 SF
Price / SF$50
Days on Market51
Property Features for 2020 THIRD AVE N
General Information
- Standard status
- Active
- Size
- 56,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1900
Listing agency
JB Tally, LLC
Listed by
John Tally · License #000169139-0
Source
Crexi
Added: Jun 1 Updated: Jul 10 at 1:52PM Checked: Jul 21 at 12:34PM
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 JB Tally, LLC
Investment Insights
Based on property information with market context.
Built in 1910, this four-story retail property totals approximately 56,000 square feet and is located on a single multi-floor structure. The building sits on the main thoroughfare and is positioned to support a range of retail and mixed-use redevelopment concepts, subject to applicable requirements.
The property is in Zone B-4 and benefits from an estimated 10,000 VPD on the connecting roadway between I-65 and Red Mountain Expressway. It is described as being in an outstanding CBD location, with nearby food and beverage amenities within walking distance.
For buyers and redevelopment partners, the property’s historic status can support financing pathways, including eligibility for Historic Tax Credits and Opportunity Zone benefits as noted in the remarks. The seller will consider a joint venture partnership, which may be helpful for entities looking to structure redevelopment while managing approvals and capital plans under the applicable zoning and program rules.
The property is in Zone B-4 and benefits from an estimated 10,000 VPD on the connecting roadway between I-65 and Red Mountain Expressway. It is described as being in an outstanding CBD location, with nearby food and beverage amenities within walking distance.
For buyers and redevelopment partners, the property’s historic status can support financing pathways, including eligibility for Historic Tax Credits and Opportunity Zone benefits as noted in the remarks. The seller will consider a joint venture partnership, which may be helpful for entities looking to structure redevelopment while managing approvals and capital plans under the applicable zoning and program rules.
Key Highlights
- Historic four‑floor retail building built in 1900
- Approximately 56,000 SF on four floors
- Zoned B‑4
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Standard Furniture & Mattress
Furniture & Home Goods
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Historic four-floor retail building offers redevelopment upside on a major downtown thoroughfare.
Where is this retail space located?
The property is located at 2020 THIRD AVE N Birmingham, AL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Historic four‑floor retail building built in 1900; Approximately 56,000 SF on four floors; Zoned B‑4
