348 Finley W Ave Birmingham, AL 35204-1050
Exceptional redevelopment opportunity in Birmingham, Alabama! This offering encompasses a fully-equipped, 8,313-square-foot vacant restaurant building situated on a 1.29-acre lot. The property features multiple dining areas suitable for both open and private settings, and ample parking. The restaurant is zoned M1. This sale also includes two additional vacant lots: a 0.69-acre level corner lot across the street, zoned CB1, and a 0.29-acre corner lot at 351 22nd Ave West, also zoned CB1. The entire property is priced at $595,000, representing a price per square foot of $71.57. The location provides convenient access to major thoroughfares, including I-65, I-20/59, and Highway 78, all within a three-minute drive or less. This presents a unique chance to acquire a substantial property with significant redevelopment potential in a prime Birmingham location. The single-story building sits on one lot, while the additional lots offer expansion or development possibilities. This is a for sale by owner listing.
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America's Thrift Stores - Donation Bin Charitable Organization
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
M1 · Birmingham, ALBirmingham. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.