118 1st St S 1,888 SF Retail Building Birmingham, AL 35205 $65,000 ($34.43/SF)

A once in a life time opportunity to buy in a neighborhood that is going through gentrification! Tons of new apartments, houses are being built are rehabex. 1 minute away from downtown and UAB college! Close to both expressways/highways. No competition in the area from other businesses! You can get to anywhere in the city in 5 to 10 minutes. Gated, and a driveway in thr front of the building. Formerly a neighborhood food and beverage store. Its generous lot size and adaptable footprint make it suitable for retail, office, storage, or residential conversion, providing multiple exit strategies for creative buyers.
Located in the Titusville neighborhood. This is an excellent chance to acquire a value-priced asset for half of the current appraised value by the jefferson county property tax site, with strong potential for repositioning in a growing urban market. Would be worth double easily once someone puts some love back into it! This once in a lifetime deal will not last for long!