Redevelopment site in Prime Downtown Location

Special Purpose for Sale
Also listed as Multi-Family, Retail-Commercial
Catylist Listing ID: 30657076
Building Status: Proposed
Building Size (RSF): 2,926 SF
Gross Building Area: See Agent
Sale Price: $250,000
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/8/2024

Overview / Comments

Total Building Size:
Lot Size:
2,926± SF
2,937± SF
• 40± SF of frontage on St. Michael St.
• Backs up to the historic First National Bank building
(also for sale) which would be a great spot for an
additional development or more parking
• Located next door to Von's Bistro
• Perfect redevelopment site for multi-family,
commercial or parking lot for surrounding building
• Superior location Downtown Mobile
• Walking distance to all the restaurants, shopping,
businesses and events Downtown has to offer

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: R022906400002182.001.
Property Located Between: Royal St and Water St
Largest Nearby Street: N royal St
Airports: Mobile Regional Airport, Mobile Aeroplex at Brookley, Pensacola International Airport, Louis Armstrong New Orleans International Airport
Site Description: Total Building Size: Lot Size: 2,926± SF 2,937± SF • 40± SF of frontage on St. Michael St. • Backs up to the historic First National Bank building (also for sale) which would be a great spot for an additional development or more parking • Located next door to Von's Bistro • Perfect redevelopment site for multi-family, commercial or parking lot for surrounding building • Superior location Downtown Mobile • Walking distance to all the restaurants, shopping, businesses and events Downtown has to offer
Area Description: Walking distance to restaurants, shopping, banks, Government Plaza, new Federal Courthouse site, LoDa Entertainment District, St. Louis St. Technology Corridor and all the amenities downtown has to offer. The First National Bank Building is an historic landmark in downtown Mobile across the street from The Battle House Renaissance Mobile Hotel & Spa. Easy access to I-10 providing convenience for those traveling from West Mobile and Baldwin County.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,986 44,951 97,973
Median Age: 37.99 36.22 36.06
Households: 1,553 17,273 38,047

Contact

Photograph of Listing Agent

Josh Hall

CRE Mobile Gulf Coast CMLS Member
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