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    2400 1St Ave Birmingham, AL 35203

    For Lease
    Contact for pricing

    10,000 SF Retail/Office Space Available

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This prominent corner building at First Avenue North and 24th Street in Jefferson County offers 10,000 square feet of flexible retail and office space, currently entirely vacant and ready for immediate occupancy. The property boasts a Class B designation and underwent a complete renovation in 2023. The unique post-and-beam construction allows for completely customizable layouts on both floors, eliminating load-bearing wall restrictions. The building features two stories, with the second floor showcasing beautifully preserved historic wood flooring and modern skylights, creating a bright and airy atmosphere. High ceilings, measuring 12.5 feet, enhance the spacious feel and provide exceptional views of the Birmingham city skyline and Red Mountain. Abundant natural light streams in from windows on all sides of the building. Ample parking is available with 36 spaces. The minimum leasable space is 700 square feet, with the maximum contiguous space being the entire 10,000 square feet. This versatile property is ideal for a variety of uses and presents a unique opportunity in a highly visible location. The building is situated on a prominent corner lot, ensuring high visibility and accessibility for businesses.

    Property Features for 2400 1St Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Class
    B

    Building Details

    Year Renovated
    2023
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Second Floor
    Size
    5,000 SF

    HighLights

    • 10,000 SF retail/office building for lease in Jefferson County.
    • Multiple tenants possible, with spaces ranging from 700 SF to 10,000 SF contiguous.
    • Entire 10,000 SF building currently vacant.
    • Class B building, renovated in 2023.
    • Two‑story building with 36 parking spaces, located on a prominent corner at First Avenue North and 24th Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Fitzroy Apartment Building ASI Promotional Products Marketing Agency International Fire Protection, ... Fire Protection Service

    Suggested Use

    Realty agency Spa & Massage Hair Salon Restaurant Nail Salon Clothing Store Dental Office Daycare Center Building Supply 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
    -86.800368250706
    Latitude
    33.517295822607

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    FAQs

    What type of property is this?
    Office Property / Space - 10,000 SF Retail/Office Space Available
    Where is this office property / space located?
    The property is located at 2400 1St Ave Birmingham, AL.
    What are key features of this property?
    This property features: 10,000 SF retail/office building for lease in Jefferson County.; Multiple tenants possible, with spaces ranging from 700 SF to 10,000 SF contiguous.; Entire 10,000 SF building currently vacant.
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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
    2400 1St Ave Birmingham, AL 35203
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