608 31st Street North

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608 31st Street North

Birmingham, AL 35203
Asking Price
$600K
Asset Type
Mixed-use
Class
Class B

What's Special

Flexible Owner-User or Redevelopment Opportunity with Existing Restaurant Improvements <ul><li>​Existing Operational Restaurant</li><li>​M-2 Heavy Industrial Zoning</li><li>​High-Visibility Birmingham Location</li><li>​Flexible Redevelopment Opportunity</li><li>​Owner-User or Investment Potential</li><li>​Excellent Traffic Exposure</li><li>​Multiple Future Use Possibilities</li><li>​Strong Commercial & Industrial Growth Area</li><li>​Restaurant, Flex, Warehouse, or Service Use Potential</li><li>​Convenient Access to Major Birmingham Corridors</li><li>​Valuable Commercial Land Comp

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NOI
$80,000
Cap Rate
13.33%
DSCR
2.25
Strong
Cash-on-Cash
24.65%
Monthly Payment
$2,968.473
Annual Cash Flow
$44,378.328

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