2207 2Nd AveBirmingham, AL 35203

Property Details for 2207 2Nd Ave

Year built

1920

Lot size

0.16 AC

Property size (Sq ft)

7,000 SF

Zone code

B4

Property type

Investment properties

Property subtype

Live-work space

APN

22-00-36-1-030-005.001

APU

2200361030005001

Description

The Blair Building, located at 2207 2nd Ave N in Birmingham, Alabama, 35203, presents a unique opportunity to lease a Class A office space. This historic building, originally constructed in 1920 and extensively renovated in 2022, offers a blend of classic charm and modern amenities. The property consists of two buildings with a total of 24,500 square feet spread across four stories. The available space is a single-tenant occupancy, ideal for a business seeking a prominent location. The building is zoned B4 and features elevators for convenient access to all floors. Its creative office design caters to modern business needs, while maintaining the character of its historical roots. Situated on the vibrant 2nd Ave N corridor, the Blair Building enjoys excellent walkability to numerous bars and restaurants, including nearby establishments like El Barrio and Found Objects. Convenient parking is also available in the vicinity. This exceptional property is a must-see for businesses seeking a prestigious and well-located office space in Birmingham's thriving district. The building's recent renovation ensures modern functionality and efficiency, making it an ideal choice for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,480,530

  6.5%

  $1,366,644

  7%

  $1,269,026

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,140,230

  Geo Method

  $1,365,420

• Alternative Use

  Use

  Valuation

  Residential

  $1,694,638

  Hospitality

  $1,552,279

  Educational

  $1,291,478

  Medical

  $1,335,894

  Retail

  $2,008,966

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.5166

Longitude

-86.803

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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