550 Greensboro Avenue $6,500,000


    550 Greensboro Avenue Tuscaloosa, AL 35401

    • 51,698 sq. ft.
    • 1.20 Acres
    • Commercial
    • MLS# 161079
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    Property Details

    A standout 51,964 sq/ft office building in downtown Tuscaloosa, near the University of Alabama. Offers exceptional potential for investors with 87 off street parking spaces, ideal for businesses or redevelopment into a hotel/condo with ground floor restaurant/retail. Structural steel building with concrete floors on bar joists. Prime location at Greensboro Ave and 6th Street, Parking lot fronts University Blvd facing Embassy Suites, it's a strategic investment for those looking to impact Tuscaloosa. Options for sale, lease, or joint venture. A rare opportunity in a bustling area, perfect for a significant venture.

    • General Features
      • Year Built 1965
      • Tax Annual Amount 51500.0
      • Postal City Tuscaloosa
    • Building Features
      • Building Area Total 51,698
      • Construction Materials Masonry, Metal Siding, Stucco
      • Utilities Electricity Available, Natural Gas Available
      • Heating Central, Gas
      • Heating Y/N true
      • Interior Features Elevator
      • Roof Flat
    • Property Features
      • Lot Size Dimensions 243x106x84x42x20x42x16x73x173x
      • Lot Size Acres 1.2



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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $6,500,000
    3/26/2024 4:46:20 PM Status Changed Source: Multiple Listing Service New Value: Pending
    2/14/2024 11:01:00 AM New in Database Source: Multiple Listing Service New Value: $6,500,000

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    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.