Four-Story Retail Redevelopment Building

2020 THIRD AVE N Birmingham, AL 35203

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Historic four-floor retail building offers redevelopment upside on a major downtown thoroughfare.

Type:Retail
Property size:
56,000 SF
Price / SF:
$50/SF
Added:
Jun 1, 2026
Days on Market:
39
Last Refresh:
Jun 6 at 4:54 am

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 office JB Tally, LLC

Listing date Jun 1, 2026

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 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.

Key Highlights

  • Historic four‑floor retail building built in 1900
  • Approximately 56,000 SF on four floors
  • Zoned B‑4

Property Analytics

Location Intelligence

Current Use by Public Records

Standard Furniture & Mattress Furniture & Home Goods

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Tanning Salon Veterinary Clinic Nursing Home Acupuncture Nursing Home (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

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
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