Spencer Furniture- Downtown Redevelopment Opportunity
Downtown Birmingham Redevelopment Opportunity | 40,000 SF
Marketing description
Downtown Redevelopment Opportunity. Rare Opportunity to own one of the best locations remaining in Downtown Birmingham for redevelopment for Lofts, Hotel, Retail and Mixed use. Located on First Avenue North, Spencer Building is immediately adjacent to Pizitz Residences and Food Hall and McWane Science Center and only 1 - 2 blocks from Elyton Hotel Autography Collection, Fairfield Inn & suites, Shipt Headquarters, Lyric Theatre, Alabama Theatre, Railroad Park and Innovation Depot.
40,000 square feet
Rear Loading Dock
New Roof Installed 2020
2 Parking Spaces in Rear
2 Elevators
Zoned B4
Existing Sprinklers
Innovation District - Downtown Birmingham
Opportunity Zone
Tenant occupies 3,500 square feet on Ground Floor - lease ends on 11/20/2023 at $3,000.00 per month
Investment highlights
Downtown Redevelopment Opportunity. Rare Opportunity to own one of the best locations remaining in Downtown Birmingham for redevelopment for Lofts, Hotel, Retail and Mixed use. Located on First Avenue North, Spencer Building is immediately adjacent to Pizitz Residences and Food Hall and McWane Science Center and only 1 - 2 blocks from Elyton Hotel Autography Collection, Fairfield Inn & suites, Shipt Headquarters, Lyric Theatre, Alabama Theatre, Railroad Park and Innovation Depot.
40,000 square feet
Rear Loading Dock
New Roof Installed 2020
2 Parking Spaces in Rear
2 Elevators
Zoned B4
Existing Sprinklers
Innovation District - Downtown Birmingham
Opportunity Zone
Tenant occupies 3,500 square feet on Ground Floor - lease end 11/20/2023 at $3,000.00 per month
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