Multi-Tenant Medical Building

300 1st Street North, Alabaster, AL 35007

Property Information

  • For Sale $1,575,000
  • Property Type Office - Medical Office
  • Property Size 11,800 SF
  • Lot Size 3.5 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Date Updated Sep 18, 2026

Description

Rare opportunity to purchase a 100% occupied medical office building at a 7.68 CAP in rapidly growing Alabaster, AL. This concrete-frame, three-tenant building sits on 3.5 acres and is located only .3 miles from Shelby Baptist Medical Center.Rare opportunity to purchase a 100% occupied medical office building at an 7.68 CAP in rapidly growing Alabaster, AL. This concrete frame, three-tenant building sits on 3.5 acres and is located only .3 miles from Shelby Baptist Medical Center.

Highlights

  • Large parking areas in the front and rear of the building
  • Opportunity to significantly improve NOI
  • The property has three long-term tenants

Contacts

Location

  • 49/100 Car-Dependent
  • 16/100 Somewhat Bikeable
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