Site at Rare Double-Signalized Corner at The Loop

Retail-Commercial for Sale
Catylist Listing ID: 30857515
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.18 Acres
Sale Price: $2,500,000
Unit Price: $250 PSF
Property Use Type: Investment
Building Name: Mudbugs
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/8/2024

Overview / Comments

Ideally located, commercially zoned, large site for sale as a potential redevelopment site in Midtown Mobile. Frontage on Government Street / Holcombe Avenue and Dauphin Island Parkway, with additional visibility from Airport Boulevard. Property includes over ±1 AC of land at a rare double-signalized corner of Government Street that sees almost 14,000 cars per day as of 2022. Site includes four parcels: 2005 Government Street & 404 Dauphin Island Parkway, and 408, 410 and 414 Dauphin Island Parkway, all in B-3 Zoning, which would permit a variety of uses.

Attachments & Media

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2910282002004XXX
Zoning: B3
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Holcombe Ave & DIP
Property Visibility: Excellent
Traffic/Vehicle Count: 13,859
Highway Access: Located directly on Highway 90
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Property Condition: Average

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,875 83,229 146,358
Median Age: 36.12 35.48 36.41
Households: 5,431 33,893 58,470

Contact

Photograph of Listing Agent

John P. Vallas, Jr.

Vallas Realty, Inc. Gulf Coast CMLS Member
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