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714 29th Street South
Birmingham, AL 35233
Asking Price
$450K
Asset Type
Traditional Office Retail
Class
Class B
What's Special
Retail | 2,835 SqFt <ul><li>Building includes a fenced parking lot.</li><li>Office set up includes multiple private offices, conference room, and full kitchen/break area.</li><li>2nd Floor can easily be converted to residential apartment space making an excellent live/work opportunity.</li><li>Zoned B-2, City of Birmingham</li><li>Property is located within excellent proximity to St Vincents Hospital in the heart of Birmingham's Lakeview district, with proximity to UAB and the CBD.</li></ul>
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NOI
$80,000
Cap Rate
17.80%
DSCR
3.00
Strong
Cash-on-Cash
39.54%
Monthly Payment
$2,223.881
Annual Cash Flow
$53,313.431
