UNIQUE LIVE/WORK LOFT

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1 SALES PACKAGE 2625 & th Ave. South Birmingham, Alabama UNIQUE LIVE/WORK LOFT building for sale or lease Asking Sales Price: $1,500,000 Asking Rental Rate: $12.00 PSF NNN OFFERED BY Rich Vanchina, ccim, sior Brent Griffis 300 Union Hill Drive, Ste 200 Birmingham, Alabama

2 D I S C L A I M E R All information furnished with respect to the subject matter has been obtained from sources deemed reliable. No representation or warranty as to accuracy thereof is made and such information is submitted subject to change in price, omissions, errors, prior sale or withdrawal without notice.

3 PROPERTY NARRATIVE Southpace Properties is pleased offer the following unique loft style, live/work opportunity in the heart of Birmingham s burgeoning Lakeview District. This building was constructed in 1900 and later renovated in 2004 with modern, high-end finishes, while maintaining its historic architectural character. This is an ideal setup to own a luxurious loft apartment above one s studio, office, or workshop, right in the heart of the Birmingham s Southside. M-1 zoning allows for a wide variety of commercial, retail, office, and light industrial uses. The current owner occupies the upper floor as a single family dwelling, and uses the ground floor for his office, and motorcycle/hotrod storage, and workshop. The total size of this two story building is approximately 9,400 square feet, consisting of approximately 4,700 square feet per floor. Power service can easily be separated between the first and second floors, to provide for co tenancy. The property also includes an adjacent 50 x 190 lot that connects 6th Avenue and 6th Alley. This lot, which is currently being used as a back yard, consists of 2,500 square feet of zoysia grass, a 2,500 square foot poured concrete basketball/tennis court and 5,000 square feet of compacted gravel area. The lot can easily be converted to an onsite surface parking lot or drive-through. In 2014, the owner installed a brand new Durolast membrane roof system, in addition to three 5 ton, silent, super efficiency rooftop HVAC units. In 2012, a new sewer line was installed, and in 2004, all of the electrical wiring, and plumbing was replaced. Also all windows on the second floor were replaced with floor to ceiling Pella double hung windows. The Lakeview District rests in the heart of Birmingham s Southside and provides convenient access to the downtown central business district. It is just blocks from the University of Alabama at Birmingham, Alabama s largest employer. This location is also a short walk or bike ride to amenities such Pepper Place, Regions Field, and Railroad Park, as well as all of Birmingham s finest restaurants, bars, and breweries.

4 PROPERTY NARRATIVE (CON T) The 4,500 square foot top story consists of warm exposed brick walls, 9 ceilings, and expansive natural light from the floor to ceiling windows throughout. Living space consists of a 2,500 square foot open floor plan featuring a sleek open, industrial kitchen, in the center of the space. Kitchen appliances include a Wolf range, and Sub Zero refrigeration units under the counters. In addition to high end appliances, this great kitchen boasts 30 linear feet of heavy gauge stainless steel counter tops and back splash, as well as custommade tool box style cabinets for storage of utensils, and dishes. There are three individual bedrooms, and one full bathroom with the original claw foot bathtub, and original oversized, 3 pedestal sink. The master bedroom is over 1,000 total square feet, and each bedroom has ample closet space. Finally the second floor has a large patio/deck area, great for grilling, entertaining, or drinking. Great care was taken during the renovation to preserve the historic character of many of the building s original features. These features include fully restored 5 tongue and groove heart pine hardwood flooring, and 3 heart pine in the ceilings. Also, ceilings are adorned with original stamped ornamental tin, and pot bellied wood burning stove wall chimneys line the walls throughout the main living area. The ground floor consist of one half bathroom, and approximately 4,700 square feet of office, shop, and garage space with 10 ceilings, and exposed brick walls. On the 27th Street side of the building, the storefront insulated glass, and anodized bronze 4 aluminum framework has tall oversized doors, featuring code operated security latches, and two-way call box. The windows on the lower level also have heavy gauge steel security bars, with an interior quick detach feature. The 10 tall front door is located on the corner of the building, and is original to the property. The garage/shop area at the rear of the ground floor is accessed through two 10 tall rolling steel garage doors. This garage area easily accommodates up to four full sized vehicles, or 6-8 motorcycles. The shop portion at the front of the building is accessed through one 10 tall rolling steel garage door. In addition to the shop and office space, the ground floor also has a fire proof document storage room, as well as a tool/equipment storage area. Finally the ground floor can easily be completely separated from the top floor for co tenancy. This historic building has been featured several times on the HGTV cable network programs You Live in What?!, Look What I Did, and Urban Living Empires. This vintage showplace is easily the finest urban dwelling in Birmingham.

5 PROPERTY DETAIL Building Address: Lot Address: Total Building Size: th Avenue South Birmingham, AL th Avenue South Birmingham, AL ,444± square feet on two floors Size of Adjacent Lot: 9,500± square feet Total Site Size: 14,285± square feet Zoning: M-1 Year Built: 1900 Year Renovated: 2006 Building Construction: Brick Roof: TPO membrane, installed in 2013 Sales Price: $1,500, Rental Rate: $12.00 PSF NNN

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