1088 9th Avenue SW Bessemer, AL 35022 • Commercial - Office • Active

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Description

Three tenants: an internal medicine practice, a nephrology group, and a hearing aid/audiology clinic. All on NNN leases. Roof replaced 2024, several HVAC units replaced, some upgrades scheduled for near near future. Desirable investment because experts estimate that medical office buildings generate a higher percentage of bonus depreciation than other investment types, typically in the 40% to 60% range. Buyers must confirm with their own tax professionals, but if the estimates are accurate, then based on an 80% improvement to total property ratio, first year bonus depreciation would be in the range of $896,000 to $1,344,000

Property Highlights

Property Type: Commercial - Office

Lot Size: 1.64 Acres

Taxes: $19,950

Year Built: 1990

General Information

County: Jefferson

Listed By:

Denise Evans Butler Evans Real Estate, Inc. (205) 310-3799

MLS ID: 168859

Property Features

Days on Site: 331

Lot Dimensions: 290.1x350x124.3x387.3

Parcel#: 01-38-00-19-1-001-002.005

Units: 3

$2,800,000

Est.

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Listed By

Agency Name: Butler Evans Real Estate, Inc.
Agency Phone: (205) 310-3799

Shown By

Marilyn Lee
(205) 799-1980

Active

SQUARE FEET10,093 MLS#168859

STATUSActive PROPERTY TYPECommercial - Office

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1088 9th Avenue Sw, Bessemer, AL 35022.

About this area

Alabama/Bessemer

Bessemer

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About Bessemer

Bessemer, AL is a city that blends history, diversity, and modernity to create a vibrant and welcoming community. Its real estate market offers a variety of housing options to suit different preferences, from historic homes to modern developments. The local schools prioritize education, and the city's location provides access to various employment opportunities.

Residents of Bessemer can enjoy a range of cultural attractions, outdoor activities, and community events that highlight the city's unique character. With a strong sense of community and a commitment to preserving its history, Bessemer offers a lifestyle that combines Southern hospitality with urban amenities. Whether residents are exploring the city's museums, enjoying outdoor adventures, or engaging in community events, Bessemer provides a warm and inviting environment for people of all walks of life.