Old Mobile Antiques Building

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30856469
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Status: Pending/Contingent
Building Size (RSF): 29,090 SF
Gross Land Area: 47,500 SF
Sale Price: $3,795,000
Unit Price: $130.46 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/19/2024

Overview / Comments

Olde Mobile Antiques building completely renovated in 2017 with new roof, AC, electrical, plumbing, and exterior facade. Property includes a showroom/retail area, small office, large open area/floor space, dock-hi warehouse, enclosed dumpster area, and 2nd floor mezzanine currently used as a storage and research area.

Close proximity to the Cheese Cottage, Braided River Brewery, Wheeler Lofts, and Greer‘s Downtown Market. One of the few opportunities to purchase a fully renovated property in such a highly desired location.

Additional photos to come. Adjacent Building and Parcel available.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2906400010022XXX
Zoning: SD-WH (SPECIAL DISTRICT)
Tenancy: Single Tenant
Property Condition: Excellent
Year Built: 1924
Year Renovated: 2017
Parking Type: Surface
Parking Description: 30 +/- spaces on-site, potential additional parking available at 701 St. Louis Street, plus on street parking is available.
Sprinklers: Wet
Zoning Description: SD-WH (SPECIAL DISTRICT)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,097 57,990 106,778
Median Age: 40.5 36.71 36.13
Households: 3,548 22,496 41,452

Contact

Photograph of Listing Agent

Andrew McDonald

Cummings & Associates, Inc. Gulf Coast CMLS Member
Photograph of Listing Agent

Marl M Cummings, IV

Cummings & Associates, Inc. Gulf Coast CMLS Member
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