
Temmerson Building
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.
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