1928 1st N Ave Bessemer, AL 35020-5020
This exceptional 2,350 square foot building, located at 1928 1st Ave N in Bessemer, Alabama, presents a remarkable redevelopment opportunity. Situated in the heart of the Bessemer Historic District, this Class D property offers a unique blend of historical charm and modern potential. Previously operating as Sam Dunn Saloon, this vacant space is ideally suited for a variety of commercial uses, including retail storefronts, professional offices, or even a medical facility. The asking price is $225,000, translating to $95.74 per square foot. The building boasts a newly installed metal roof (2019) and features pre-framed office spaces, simplifying the renovation process. Its strategic location between Birmingham and Tuscaloosa, with convenient access to I-59/20 and I-459, ensures high visibility and accessibility. Furthermore, its proximity to the Alabama Department of Human Resources and the Jefferson County Courthouse Annex adds to its appeal. This property represents a rare chance to acquire a piece of Bessemer's history and transform it into a thriving commercial space. The building's versatile layout and prime location make it an attractive investment for discerning buyers seeking a unique and profitable venture. Don't miss this chance to own a piece of Bessemer's rich history and shape its future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
C2 · Bessemer, ALBessemer. Always verify with local authorities before improvements.
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.