317 20Th St Birmingham, AL 35203
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.