2401 1St Ave Birmingham, AL 35203

This exceptional mixed-use property, located at 2401 First Avenue North in Birmingham, Alabama, presents a unique historic redevelopment opportunity. The 23,700 square foot building, constructed in 1909, boasts a prime location at the corner of 24th Street and First Avenue North, within the vibrant heart of the Loft District. Its strategic position offers significant visibility and accessibility, benefiting from combined traffic counts of 36,367 AADT at the intersection. The building features durable masonry and reinforced concrete construction, and is currently vacant, allowing for complete customization. The property is zoned B4 and qualifies for historic tax credits, making it an attractive investment. Notable features include a recently installed new membrane roof, abundant natural light, and ceiling heights ranging from 9 to 13 feet. This three-story building offers significant potential for a variety of uses, capitalizing on its proximity to renowned restaurants and bars in a rapidly developing area. The asking price is $1,587,900, translating to $67 per square foot. This is a rare chance to acquire a substantial property in a high-growth corridor of Birmingham's central business district.