Four-Story Retail Redevelopment
For Sale
Contact for pricing
2020 THIRD AVE N, Birmingham, AL 35203
Historic four-floor retail building offers redevelopment upside on a major downtown thoroughfare.
Property Size56,000 SF
Price / SF$50
Days on Market91
Property Features for 2020 THIRD AVE N
General Information
Standard status
Active
Size
56,000 SF
Property subtype
Retail
Zoning
B-4
Investment Type
Redevelopment
Site & Location
Traffic Count
10,000 vehicles/day
Highway Access
Yes
Additional Details
Opportunity Zone
Yes
Building Details
Year Built
1900
Stories
4
Listing Agency:
JB Tally, LLC
Listed By:
John Tally · License #000169139-0
Source:
Crexi
Added: Jun 1
Changed: Aug 25
Last Checked: Aug 29 at 1:24AM
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
Current Use
Lease Details
10,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6,150
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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
