550 Greensboro

550 Greensboro Ave, Tuscaloosa, AL 35401

  • For Sale $6,500,000
  • Property Type Office - General Office
  • Property Size 51,694 SF
  • Lot Size 1.2 Acre
  • Parking Spaces Avail. 87
  • Building Class B
  • Year Built 1965
  • Year Renovated 2006
  • Date Updated Apr 12, 2024
Northwest corner of 6th Street and Greensboro AveFor Sale: A prime piece of Tuscaloosa's vibrant downtown, this 51,964 sq/ft, five-story building offers an unparalleled opportunity for investors and developers. Situated in the heart of the city, mere steps from the University of Alabama, this property combines location, size, and potential in a way that's rare for the area. With 87 off-street parking spaces, it addresses one of downtown's most pressing needs, ensuring convenience for tenants or guests. This solid, well-maintained office building presents a multitude of possibilities. Its current configuration makes it an ideal headquarters for businesses looking for a prestigious address in Tuscaloosa. Alternatively, its robust steel structure and concrete floors on bar joists provide the perfect canvas for a hotel or condo conversion. Imagine ground-floor retail or a restaurant, adding a dynamic element to the bustling streetscape, perfectly complementing neighbors like Chuck's Fish. Located on the corner of Greensboro Ave and 6th Street, the property also fronts University Blvd, offering exceptional visibility and traffic. Directly across from the Embassy Suites, it sits at a nexus of commerce, education, and lodging, making it a strategic choice for any venture. Whether looking to utilize the existing office space or transform it into Tuscaloosa's next premier residential or hospitality destination, this building represents a unique opportunity. Its location, structure, and potential are a trifecta rarely found on the market, making it a must-see for any serious investor or developer aiming to make a mark in Tuscaloosa. Owner will consider Sale, Lease, or Joint Venture with right partner.

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Contacts

broker

Richard Henry

Right Space

(205) 799-8110

Location

Getting Around

  • Walk Score ®

    77/100 Very Walkable
  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Tuscaloosa, AL
  • Zip Code 35401
  • Market Birmingham

Points of Interest

  • Tuscaloosa

    1.18 miles

  • Chevron

    0.31 miles

  • BP

    0.74 miles

  • Jet Pep

    1.08 miles

  • Kangaroo

    1.36 miles

  • Powell

    1.45 miles

  • Shell

    1.70 miles

  • Shell

    2.04 miles

  • Walmart Gas

    2.08 miles

  • Mapco

    2.14 miles

  • Kangaroo

    2.32 miles

  • South ten Hoor Parking Deck

    1.08 miles

  • North ten Hoor Parking Deck

    1.08 miles

  • Tutwiler Parking Deck

    1.20 miles

  • Ridgecrest Parking Deck

    1.22 miles

  • Magnolia Parking Deck

    1.27 miles

  • Ferguson Parking Deck

    1.30 miles

  • Campus Dr. Parking Deck

    1.60 miles

  • Riverside Parking Deck

    1.66 miles

  • National Water Center Parking

    1.70 miles

  • Capstone Parking Deck

    1.84 miles

  • The Alamite

    0.08 miles

  • Embassy Suites Tuscaloosa

    0.09 miles

  • Home2 Suites Tuscaloosa

    0.21 miles

  • Ivory Dynasty by Collodge

    0.21 miles

  • Homewood Suites

    0.25 miles

  • Comfort Inn & Suites

    0.27 miles

  • Hotel Indigo

    0.34 miles

  • Bama Bed and Breakfast

    1.03 miles

  • Hotel Capstone

    1.63 miles

  • Best Western Catalina Inn

    2.17 miles

  • Central Mesa

    0.03 miles

  • Chuck's Fish

    0.03 miles

  • Mugshots

    0.03 miles

  • Mugshots Grill & Bar Tuscaloosa

    0.05 miles

  • Half Shell Oyster House

    0.05 miles

  • FIVE Tuscaloosa

    0.06 miles

  • Fuzzy's Tacos

    0.06 miles

  • Side By Side

    0.08 miles

  • DePalma's Italian Cafe

    0.12 miles

  • Rock n Roll Sushi

    0.13 miles

  • Pearsons Academy

    0.67 miles

  • Collins-Riverside Middle School

    0.69 miles

  • Central Elementary School

    0.78 miles

  • Matthews Elementary School

    0.81 miles

  • West End Elementary School

    0.84 miles

  • Westlawn Middle School

    0.86 miles

  • Charles Sprayberry Regional Educational Center

    0.87 miles

  • Twentieth Street Elementary School

    1.06 miles

  • Stillman College

    1.13 miles

  • Seventeen Street School

    1.22 miles

  • Sherwood Forest Child Care Center

    1.69 miles

  • Kidsville Child Development Center

    2.52 miles

  • Maw Maw's Early Learning Center

    4.19 miles

  • Holt Head Start Center

    4.67 miles

Frequently Asked Questions

What is the lease rate for 550 Greensboro?

Rental asking rate at 550 Greensboro is $3,250,000.00/YR.

What is the total square footage of 550 Greensboro?

550 Greensboro totals 51,694 square feet.

When was this property built?

550 Greensboro was built in 1965.

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Contact Listing Broker

broker

Richard Henry

Right Space

(205) 799-8110