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    317 20Th St Birmingham, AL 35203

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    For Sale
    Contact for pricing

    Downtown Birmingham Creative Office Redevelopment

    Property size:
    24,821 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional redevelopment opportunity presents a ±24,821 square foot, three-story creative office building located in Birmingham, Alabama's Central Business District at 317 20th Street North. Built in 1900 and extensively renovated in 2018, the property boasts a blend of historic charm and modern functionality. The building currently generates income from two retail tenants. A significant portion, approximately 18,692 square feet, is available as shell space, complete with recently replaced mechanical, electrical, plumbing, and roofing systems. This presents a unique chance for either owner-occupancy or investment, capitalizing on the strong downtown Birmingham market and the potential for further development. The property's prime corner location at 4th Avenue North and 20th Street offers excellent visibility and accessibility. Historic Tax Credits are also available, adding further value to this compelling investment. The property's size, location, and existing infrastructure make it an ideal candidate for a variety of creative office uses.

    Property Features for 317 20Th St

    General Information

    Property type
    Office space
    Square Feet
    24,821 SF

    Building Details

    Year Built/Renovated
    1900/2018
    Buildings
    1
    Stories
    3

    HighLights

    • 24,821 SF creative office building in Birmingham, AL's Central Business District.
    • Three‑story building, built in 1900, renovated in 2018.
    • Features in‑place income from two retail tenants and significant historic tax credit potential.
    • Building systems (MEP and roof) recently replaced.
    • Offers redevelopment opportunity for both users and investors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Spa & Massage Hair Salon Nail Salon Restaurant Daycare Center Clothing Store Building Supply HVAC Service Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.807260663793
    Latitude
    33.516867569177

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    FAQs

    What type of property is this?
    Office space - Downtown Birmingham Creative Office Redevelopment
    Where is this office space located?
    The property is located at 317 20Th St Birmingham, AL.
    What are key features of this property?
    This property features: 24,821 SF creative office building in Birmingham, AL's Central Business District.; Three-story building, built in 1900, renovated in 2018.; Features in-place income from two retail tenants and significant historic tax credit potential.
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    Birmingham, AL 35203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    317 20Th St Birmingham, AL 35203
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