2001 3Rd Ave Birmingham, AL 35233

Liberty Towers, located at 2001 3rd Ave S in Birmingham, Alabama, presents a unique redevelopment opportunity. This 26-story building (comprising a 16-story and a 10-story structure) totals 478,000 square feet and sits on a 37,877 square foot lot. Originally constructed in 1925 with additions in the 1950s and a major renovation in 1972, the property boasts significant historical character and may qualify for state and federal historic tax credits. The building offers 1,114 parking spaces and is zoned B-4. Its prime location directly across from the 20 Midtown mixed-use development (featuring 436 luxury apartments and popular retailers like Publix, Chipotle, and Starbucks) and adjacent to the University of Alabama at Birmingham (UAB), which employs 28,000 and has a student body of 22,500, provides exceptional access to a large and diverse population. This strategic position, coupled with its size and historical significance, makes Liberty Towers an attractive investment in an Opportunity Zone. The connected 16 and 10-story buildings offer a wide range of redevelopment possibilities for a discerning investor. The property's history includes a bronze replica of the Statue of Liberty, which was once atop the original structure.