1155 Bankhead Hwy Birmingham, AL 35204
- Retail properties
- 106,100 SF
Current Use by Public Records
- 78 Mini Mall / Flea Market / Shopping Mall
- Magic City Event Center / Event Venue
- All Black Everthang LLC / Spiritist Center
- All Black Everythang LLC / Spiritist Center
Property Details for 1155 Bankhead Hwy
- Year built
- 1965
- Property size
- 106,100 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
Westgate Shopping Center presents a unique investment opportunity in Jefferson County. This Class A, 106,100 square foot property, built in 1965, sits on a 12-acre lot and offers diverse space options. The zoning is B2 Commercial, allowing for a variety of uses. Currently, there are six available spaces ranging from 1,300 to 190,000 square feet, perfect for coworking, traditional office, executive suites, medical practices, or creative businesses. The property features a single story building with ample parking for 136 vehicles, ensuring convenient access for tenants and customers. The minimum divisible space is 1,300 square feet, making it ideal for smaller businesses or startups. The location benefits from proximity to densely populated residential areas, with an average household income within a 5-mile radius of $49,000 and a population of 143,000, providing a strong customer base. High traffic volume and aggressive leasing rates make this a compelling investment. The property's multiple tenancy structure offers flexibility and potential for diverse income streams. This is a rare opportunity to acquire a well-located, versatile commercial property with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.8576
- Latitude
- 33.5329
