MASSIVE PRICE REDUCTION !! Well known Historic Donnelly House in highly visible location in Birmingham's Southside area. Has been used for the last 25 years for special events, weddings, and catered receptions with capability of hosting up to 350 people. Previous owner used third floor as residence and leased first two floors for events. Current lease ends on Oct 20, 2009. Listed on National Register of Historic Places in 1977 as part of the Highland Ave Historic District. Approx 7,472 sq ft heated and cooled per appraisal. Service alley located to rear of property. Inground fountain pool also on location. Banked owned & Alabama One Year Right of Redemption may apply. Sold as-is, where-is. Call listing agent for details - current apraisal in at $1.4 mill.
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