Large Assemblage on Dauphin Street Downtown

Retail-Commercial for Sale
Catylist Listing ID: 30803307
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 16,000 SF
Gross Land Area: 16,000 - 160,031 SF
Sale Price: $1,795,000
Unit Price: $112.19 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Hoffman Furniture
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/22/2024

Overview / Comments

Rare opportunity in Downtown Mobile to assemble half of a city block, with frontage on Dauphin, Hamilton, and Conti Streets. Ideally suited for mixed-use development that could include retail, residential, hotel, office, or mixed use. Assemblage includes 413 & 415 Dauphin Street and 406 Conti Street.

Additional Details

Nearest MSA: Mobile
County: Mobile
Submarket Type: Historic District
Tax ID/APN: R022906400011097.000, R022906400011096.000, R022906400011095.000
Zoning: T5.1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Hamilton & Franklin
Property Visibility: Excellent
Largest Nearby Street: Dauphin Street
Feet of Frontage: 136
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Poor
Sprinklers: None
Zoning Description: Mixed-Use District of Medium Intensity
Legal Description: See "Parcels_2024.pdf" in attachments.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,230 51,667 101,145
Median Age: 40.68 36.45 36.11
Households: 3,935 20,070 39,241

Contact

Photograph of Listing Agent

John P. Vallas, Jr.

Vallas Realty, Inc. Gulf Coast CMLS Member
Photograph of Listing Agent

Amber Hightower Dedeaux

Vallas Realty, Inc. Gulf Coast CMLS Member
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