3057 Lorna RdBirmingham, AL 35216

This exceptional two-story office building, located at 3057 Lorna Rd, Birmingham, AL 35216, presents a compelling investment opportunity for owner-users and investors alike. The 16,800 square foot building, constructed in 1989 and renovated in 2020, boasts a Class B rating and features a modified lease type with credit-rated tenants. Currently at 40% occupancy, the property generates $87,000 in annual rental income from three national tenants. Ample parking is provided with 78 spaces, and the 1.5-acre lot ensures convenient access and high visibility. The building benefits from a prime location, just half a mile from I-65, and is surrounded by major retailers and businesses, including Publix, Regions, Wells Fargo, and numerous restaurants. The property's attractive architecture and landscaping, along with its highly visible monument signage, contribute to its strong curb appeal. Recent improvements include a resealed parking lot. The 2022 property taxes totaled $31,939. This well-maintained building is ideal for a variety of uses, including executive, medical, and creative office spaces. The City of Hoover's investment in the surrounding area further enhances the property's long-term value. This is a rare opportunity to acquire a well-positioned, income-producing asset in a thriving Birmingham location.