Property summary
This thriving bar, located at 2520 16th St N in Birmingham, Alabama, presents a compelling investment opportunity. Priced at $130,000, this 1,300 square foot establishment sits on a 5,000 square foot lot and is housed in a single-story, 1945-built building. The property's Class C designation reflects its potential for renovation and enhancement. Currently zoned for beauty and barber services, the property offers flexibility for future uses. Its prime location in downtown Birmingham ensures high visibility and significant foot traffic, contributing to its strong revenue potential. The bar's established presence within the community provides a solid foundation for continued success. This is an exceptional chance to acquire a well-situated commercial property with immediate income potential in a vibrant urban setting. The property's size and location make it an ideal investment for both seasoned entrepreneurs and those seeking a profitable venture in a thriving market. The asking price represents a significant value proposition for a business already generating revenue in a high-demand area. Serious inquiries are encouraged to explore this unique opportunity further.
Property profile
VerifiedCap rate & NOI
Current use
-
Bar & Pub Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Section 2. B-2 General Business District Subsection 1. Generally. The regulations set forth in this Section or set forth elsewhere in this Ordinance, when referred to in this Section, are the regulations in the B-2 Gener…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B2 · Birmingham, ALSection 2. B-2 General Business District Subsection 1. Generally. The regulations set forth in this Section or set forth elsewhere in this Ordinance, when referred to in this Section, are the regulations in the B-2 Gener…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Section 2. B-2 General Business District Subsection 1. Generally. The regulations set forth in this Section or set forth elsewhere in this Ordinance, when referred to in this Section, are the regulations in the B-2 Gener…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B2 in Birmingham, AL.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight