8th Street Office & Lofts
8% Pro Forma Cap
Marketing description
Situated on a prominent corner lot in the heart of downtown Tuscaloosa, this mixed-use gem combines charm, function, and income potential. The main level is ADA accessible and showcases exposed brick accents, four private offices, a full kitchenette, conference room, and full bath—perfect for professional use. Upstairs, two well-appointed lofts offer additional revenue streams, one featuring a bedroom, living area, kitchen, bath, and laundry, and the other with a bedroom, kitchen, and bath. A private backyard adds outdoor appeal. With its prime location and flexible layout, this property is an exceptional opportunity for both investors and owner-occupants seeking a Tuscaloosa presence.
Owner is a licensed real estate agent in the state of Alabama.
Investment highlights
The property offers strong rental history and immediate upside through lease-up. One loft is currently leased at $1,300/month, while the second unit was previously leased for $1,100/month and the office space for $4,500/month. At full occupancy, the property has historically generated approximately $6,900/month ($82,800 annually) in gross income.
Contact agent for documentation.
INTERIOR PHOTOS ARE VIRTUALLY STAGED
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