Strategically located at 130 3rd Ave N, this 42,000 SF commercial building sits on a nearly 1-acre lot in Birmingham's Westside submarket. With a projected 2.47% population growth within a 1-mile radius by 2029, the area is poised for expansion . The property benefits from proximity to major employers like the University of Alabama at Birmingham and Regions Financial Corporation, bolstering its appeal . Recent trends indicate a steady rise in commercial rents, with the Birmingham metro experiencing its fastest rent rate increase in seven quarters . Offered at $1.7M, this asset presents a prime opportunity for investors seeking growth in a revitalizing urban corridor.
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Market statistics compiled from data from Greater Alabama MLS.