You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2430 Morris Ave Birmingham, AL 35203

9,325 SF Built 1924
Property ID
Property summary
AI-generated overview

This exceptional Class A retail property, located at 2430 Morris Ave in Birmingham, Alabama, presents a unique opportunity to acquire a thriving restaurant and bar business. The 9,325 square foot space, fully renovated in 2016, boasts 6,600 square feet of indoor space and an additional 2,725 square feet of outdoor area, perfect for expanding your operations. Situated in a prime location within Birmingham's vibrant Loft District, this property benefits from exceptional visibility and accessibility, with easy access from Red Mountain Expressway (US-31/280, boasting over 80,000 vehicles per day) and 1st Avenue N (US-78, with over 28,000 vehicles per day). Ample parking is available for patrons and staff. The property is currently 100% occupied, with a lease expiring January 1, 2025. This turnkey operation is surrounded by successful entertainment venues, restaurants, and bars, ensuring a strong customer base. The building, constructed in 1924, offers a blend of historic charm and modern amenities, making it an ideal investment for discerning entrepreneurs. The asking price is $1,650,000, translating to $176.94 per square foot. This is a rare opportunity to own a well-established business in a rapidly growing area of downtown Birmingham. Don't miss out on this chance to capitalize on the thriving Birmingham restaurant scene.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1924
Total area 9,325 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Carrigan's Public House [21+ Only] Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2430 Morris Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message