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About This Home
This 0-bedroom, 0-bathroom commercial at 1088 9th Avenue SW in Bessemer, AL is listed for $2,800,000 ($277 per sqft). Built in 1990, the home offers 10,093 sqft of living space on a 1.64 acres lot.
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
Key Features
- Built in 1990
- 1.64 acre lot
Property Details
Monthly Cost Estimate
$14,975/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1088 9th Avenue SW
Bessemer, AL 35022
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1088 9th Avenue SW is listed at $2,800,000 ($277/sqft). The estimated monthly payment is $12,133 based on 20% down at 6.5% interest.
Key features include: Built in 1990, 1.64 acre lot.
This property is listed by Denise Evans and can be reached at 2053103799 or denise@butlerevansrealestate.com.