LAH Commercial Real Estate, LLC is pleased to present this opportunity to purchase 1572 Montgomery Highway, Hoover, AL 35216, a multi-tenant office building of approximately 20,000 SF, situated on a lot of approximately 60,193 SF, within the dynamic Hoover suburb of Birmingham, AL.
The Property’s centralized, walkable, commuter-friendly location services the entire Birmingham MSA with a population of approximately 1.2 million people. The Property also offers convenient access to Downtown Birmingham, The University of Alabama at Birmingham/ UAB Hospital, Children’s Hospital of Alabama, Samford University and Birmingham’s major transportation arteries including Highway 31, Highway 280, 1-65, 1-20/59 and 1-459.
Supported by a strong commercial development trend in Birmingham/Hoover, above average demographics, and a convenient, accessible location, 1572 Montgomery Highway is a rare opportunity for an Owner/User requiring a convenient, accessible office with reasonable occupancy costs, or an Investor looking for a solid office investment with great upside opportunity. The building is currently 60% occupied primarily by professional and service tenants.
In addition, this building offers many attractive features for office users in today’s Covid -19 global pandemic environment, such as:
– Separate exterior entry for each suite and dedicated HVAC for larger suites
– Ability to create larger open interior spaces for social distancing
– Separate restrooms in each suite
– Accessible, grade level access for each level
The current Hoover C-2 zoning is suitable for most business users and offers a great opportunity for expanded use of the property, or upgrading the existing building to meet the needs of an Owner/User or Tenant seeking a convenient location for their business.