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Dixie Store Fixtures Portolio 4 Properties Offered at $5,175,000 in Birmingham, AL
INVESTMENT HIGHLIGHTS
- Historic Redevelopment Opportunity
- Clean phase 1 from 2019.
- Comprehensive survey also available.
- Eligible for historic Tax Credits, Facade Easement, and Opportunity Zone
EXECUTIVE SUMMARY
Outstanding Historic Redevelopment Opportunity consisting of 4 buildings totaling 62,000 SF and an extremely rare 19,008 SF parking lot. Ideal location in the heart of the
loft district on the thriving 1st Ave North corridor.
This historic redevelopment opportunity spans multiple buildings along 1st Ave North, offering eligibility for historic tax credits, facade easements, and Opportunity Zone benefits. The site includes 2425 1st Ave North, featuring a 22,959 SF three-story brick-and-beam building and a 7,650 SF two-story structure, both built in 1900—originally home to Martin Cracker Company and later Standard Brands, makers of Chase and Sanborn Coffee. Nearby, 2417 1st Ave North is a 7,900 SF clear-span building constructed in 1924. Additionally, 2401 1st Ave North is a 23,700 SF three-story reinforced concrete and masonry building, built in 1924 and formerly home to Batterton Coffee, makers of Royal Cup Coffee. Supporting these buildings, 2401 Morris Avenue offers a 19,008 SF parking lot that could serve the redevelopment or be built vertically. With recent roof replacements across the properties and a prime location, this presents a rare chance to revitalize a landmark section of 1st Ave North into a dynamic mixed-use destination.
Properties can be purchased individually as follows:
2401 1st Ave N - $1,295,000
2417 1st Ave N - $719,000
2425 1st Ave N - $1,950,000
2401 Morris Ave - $1,250,000
loft district on the thriving 1st Ave North corridor.
This historic redevelopment opportunity spans multiple buildings along 1st Ave North, offering eligibility for historic tax credits, facade easements, and Opportunity Zone benefits. The site includes 2425 1st Ave North, featuring a 22,959 SF three-story brick-and-beam building and a 7,650 SF two-story structure, both built in 1900—originally home to Martin Cracker Company and later Standard Brands, makers of Chase and Sanborn Coffee. Nearby, 2417 1st Ave North is a 7,900 SF clear-span building constructed in 1924. Additionally, 2401 1st Ave North is a 23,700 SF three-story reinforced concrete and masonry building, built in 1924 and formerly home to Batterton Coffee, makers of Royal Cup Coffee. Supporting these buildings, 2401 Morris Avenue offers a 19,008 SF parking lot that could serve the redevelopment or be built vertically. With recent roof replacements across the properties and a prime location, this presents a rare chance to revitalize a landmark section of 1st Ave North into a dynamic mixed-use destination.
Properties can be purchased individually as follows:
2401 1st Ave N - $1,295,000
2417 1st Ave N - $719,000
2425 1st Ave N - $1,950,000
2401 Morris Ave - $1,250,000
PROPERTY FACTS
| Price | $5,175,000 | Number of Properties | 4 |
| Price / SF | $83.20 / SF | Individually For Sale | 4 |
| Sale Conditions | Total Building Size | 62,200 SF | |
| Sale Type | Investment | Total Land Area | 1.17 AC |
| Status | Active |
| Price | $5,175,000 |
| Price / SF | $83.20 / SF |
| Sale Conditions | |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 4 |
| Total Building Size | 62,200 SF |
| Total Land Area | 1.17 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Formerly The Royal Cup
2401 1st Ave N, Birmingham, AL 35203 |
Industrial | 23,700 SF | 1909 | $1,295,000 |
|
Parking Lot
2401 Morris Ave, Birmingham, AL 35203 |
Land | 0.44 AC | - | $1,250,000 |
| 2425 1st Ave N, Birmingham, AL 35203 | Retail | 30,600 SF | 1900 | $1,950,000 |
| 2417 1st Ave N, Birmingham, AL 35203 | Retail | 7,900 SF | 1924 | $719,000 |
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