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2606 8th St 7,166 SF 100% Leased Office Building Tuscaloosa, AL 35401 $674,900 ($94.18/SF)
INVESTMENT HIGHLIGHTS
- Excellent VPD count
- Endless opportunities to redevelop or lease as and office space.
- Situated on the corner of Lurleen Wallace and 8th St.
EXECUTIVE SUMMARY
High visibility, high traffic counts and great central Tuscaloosa location. This large Antebellum home was built in 1826 by one of the first trustees for the University of Alabama. It has changed hands over the years but was most recently a law office for over 20 years. The area has ongoing commercial improvements and is near the University of Alabama. Across the street from the current Taco Bell that is under construction. Great opportunity to redevelop for QSR, etc..
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Building Size
7,166 SF
Building Class
C
Year Built
1826
Price
$674,900
Price Per SF
$94.18
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,747 SF
Building FAR
0.75
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
BC - BC- https://library.municode.com/al/tuscaloosa/codes/code_of_ordinances
Parking
15 Spaces (2.86 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Kitchen
- Storage Space
- Basement
- Central Heating
- High Ceilings
- Natural Light
- Reception
- Hardwood Floors
- Yard
- Air Conditioning
- Balcony
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Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 31-05-22-3-008-010.000 | Improvements Assessment | $83,320 |
| Land Assessment | $28,580 | Total Assessment | $111,900 |
PROPERTY TAXES
Parcel Number
31-05-22-3-008-010.000
Land Assessment
$28,580
Improvements Assessment
$83,320
Total Assessment
$111,900
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2606 8th St
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