2815 Cres Ave Birmingham, AL 35209-2519
This exceptional 1,655 square foot commercial property presents a unique investment opportunity in the vibrant heart of downtown Homewood, Alabama. Situated at 2815 Crescent Avenue, zip code 35209, this single-tenant space is ideally suited for either retail or office use. The property boasts a convenient location, directly behind the popular Grocery Brewpub and just one block from the bustling shops and restaurants of 18th Street. This prime location ensures high visibility and foot traffic, making it an attractive proposition for a variety of businesses. The building features a finished basement, adding valuable extra space, and includes dedicated parking at the rear, a significant advantage in a busy downtown area. The property's classification is Retail/Office, offering flexibility for a diverse range of potential tenants. Its single-tenant occupancy provides a straightforward and manageable investment. This property is a rare find in a highly sought-after area, offering a blend of convenience, accessibility, and high-traffic exposure. The coordinates for this property are 33.4794517 latitude and -86.7936474 longitude. Don't miss this chance to secure a thriving business location in one of Birmingham's most desirable neighborhoods.
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
C4 · Birmingham, ALBirmingham. 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.