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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
10675889

2328 4th St, Tuscaloosa, AL 35401

SD
AL 000093505
Pritchett Moore Real Estate
Listed by Pritchett Moore Real Estate
$4,495,000
1155 days on market
Updated 3 days ago
Opportunity zone

Temmerson Building

Details
Property Type Mixed Use, Office (+1)
Sub Type Restaurant
Square Footage 21,000
Cap Rate 6.30%
Occupancy 95%
Price per SqFt $214
Year Built 1945
Year Renovated 2013
Stories 4

Mixed Use | 6.30% CAP | 21,000 SqFt

Marketing description

Downtown

CBD

Mixed Use

Restaurant/Office

Roof 2013: Single ply EPDM. 20 year warranty

New HVAC system in 2013 for bottom 3 levels. Mini splits in 2013 for 4th floor

For Sale: 21,000+/- SF Central Business District Mixed Use Building. Built in 1945, this historic building

was meticulously restored and redeveloped by the current owner in 2013 into four levels containing

office, restaurant, and event spaces and is currently 95%+/- occupied. The bottom two floors are both

street level due to the grade of the side street and consist of a bar/event space and a popular downtown

steakhouse. The fourth floor is developed into 10 executive office spaces with their own entrance to the

elevator lobby and is currently home to 5 tenants with 4 vacancies. Being offered at a 6.3% cap rate,

downtown Tuscaloosa buildings like this do not come around often.

Listing Contacts

SD
AL 000093505
Pritchett Moore Real Estate
Listed by Pritchett Moore Real Estate

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