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2606 8th St 5,026 SF 100% Leased Office Building Tuscaloosa, AL 35401 $699,000 ($139.08/SF)
Investment Highlights
- 5,026 square foot building
- Zoned D
- Built in 1900
- Prime location in Tuscaloosa area
Executive Summary
Introducing an exceptional investment opportunity in the heart of Tuscaloosa! This distinguished property encompasses a 5,026 square foot building, exuding timeless appeal with its historic significance dating back to 1900. Zoned D, it offers versatile potential for a range of office and commercial uses. Boasting a prime location in the vibrant Tuscaloosa area, this property presents a compelling blend of heritage and modern utility. With its rich history and strategic positioning, this property stands as an excellent prospect for discerning Office / Office Building investors seeking a distinct and promising addition to their portfolio. Nestled in the vibrant city of Tuscaloosa, the area surrounding the property offers a myriad of attractions and amenities ideal for prospective Office / Office Building investors. Nearby, the University of Alabama - home to the Crimson Tide football team - brings a dynamic energy to the area. Within close proximity, the Tuscaloosa Amphitheater hosts an array of live performances and events, providing entertainment options for tenants and employees. The bustling downtown area features an eclectic mix of dining, shopping, and cultural experiences, enriching the appeal of the location. With the beautiful Riverwalk nearby, offering scenic views and walking trails, the area offers a balance of urban conveniences and natural beauty, making it an attractive choice for office investment.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,026 SF
Building Class
C
Year Built
1826
Price
$699,000
Price Per SF
$139.08
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,675 SF
Building FAR
0.52
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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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 31-05-22-3-008-010.000 | Improvements Assessment | $116,540 |
| Land Assessment | $28,580 | Total Assessment | $145,120 |
Property Taxes
Parcel Number
31-05-22-3-008-010.000
Land Assessment
$28,580
Improvements Assessment
$116,540
Total Assessment
$145,120
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