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INVESTMENT HIGHLIGHTS
- Prime location in Bessemer’s professional district with excellent visibility and direct access along 5th Ave N.
- Ideal for urgent care, dental, or administrative medical services; move-in ready or easily customizable.
- Located within a federally designated Opportunity Zone, offering potential tax incentives for investors.
- Purpose-built for medical use with multiple exam rooms, private offices, reception, waiting area, and generous storage.
- Dedicated parking with 25 spaces and ADA-compliant accessibility for patient convenience.
- Recently renovated in 2020, enhancing functionality and appeal for modern healthcare operations.
EXECUTIVE SUMMARY
Welcome to 1612 5th Ave N, a turnkey medical office opportunity in the heart of Bessemer’s professional corridor. This single-tenant, Class B building offers a thoughtfully designed layout tailored for healthcare providers, including urgent care, dental, and administrative medical services. The property features multiple exam rooms, private offices, a spacious reception and waiting area, and ample storage—all designed to support efficient patient flow and staff operations.
Strategically positioned along 5th Ave N, the site offers excellent visibility and accessibility, with dedicated parking for 25 vehicles and ADA-compliant access. The building underwent renovations in 2020, ensuring modern infrastructure and a clean, professional environment ready for immediate occupancy or further customization.
Located within a federally designated Opportunity Zone, this asset presents a compelling investment opportunity with potential tax advantages. Whether you're launching a new practice, expanding your footprint, or seeking a high-visibility location in a growing healthcare hub, 1612 5th Ave N delivers the flexibility, convenience, and long-term value medical professionals demand.
Strategically positioned along 5th Ave N, the site offers excellent visibility and accessibility, with dedicated parking for 25 vehicles and ADA-compliant access. The building underwent renovations in 2020, ensuring modern infrastructure and a clean, professional environment ready for immediate occupancy or further customization.
Located within a federally designated Opportunity Zone, this asset presents a compelling investment opportunity with potential tax advantages. Whether you're launching a new practice, expanding your footprint, or seeking a high-visibility location in a growing healthcare hub, 1612 5th Ave N delivers the flexibility, convenience, and long-term value medical professionals demand.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
9,915 SF
Building Class
B
Year Built/Renovated
1986/2020
Price
$995,000
Price Per SF
$100.35
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,915 SF
Building FAR
0.23
Lot Size
0.99 AC
Opportunity Zone
Yes
Zoning
01 - https://taxpolicycenter.org/briefing-book/what-are-opportunity-zones-and-how-do-they-work
Parking
25 Spaces (2.52 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Wheelchair Accessible
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
6,267
31,007
70,206
2024 Population
6,738
31,694
69,614
Population Growth '20-'24
7.5%
2.2%
-0.8%
2020 Households
2,589
12,399
28,318
2024 Households
2,747
12,560
27,819
Household Growth '20-'24
6.1%
1.3%
-1.8%
Average Age
40
40
40
Median Household Income
$30,447
$35,956
$47,389
Daytime Employees
4,638
14,323
27,537
Total Businesses
652
1,439
2,706
College Degree + Higher
10%
15%
21%
PROPERTY TAXES
| Parcel Number | 38-00-09-1-030-013.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $243,240 |
PROPERTY TAXES
Parcel Number
38-00-09-1-030-013.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$243,240
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Healthcare Facilty | 1612 5th Ave N
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