Wings of Life Building
Special Purpose
for Sale
Also listed as Office
| Catylist Listing ID: |
30876745 |
| Property Subtypes: |
School/University
|
| Building Size (RSF): |
22,940 SF
|
| Gross Land Area: |
1.30 Acres
|
| Sale Price: |
$2,200,000 |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
10/2/2024 |
Overview / Comments
Excellent redevelopment opportunity along St. Louis Street encompassing and entire block and improved with a 2-story historic structure.
Originally built as a school associated with St. Joesphs' Catholic Church located across St. Louis Street, it was purchased and renovated for Wings of Life, a faith-based recovery program in Mobile. This site is one of the few redevelopment opportunities remaining along the "Automotive Alley" corridor which is an area that has seen tremendous redevelopment in the last 10+/- years. Located in an Opportunity Zone, this historical building offers many possibilities including the potential for Historic Tax Credits and other incentive programs.
|
Additional Details
| Nearest MSA: |
Mobile |
| County: |
Mobile |
| Tax ID/APN: |
2906400010036XXX |
| Zoning: |
SD-WH SPECIAL DISTRICT |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
972 |
| Lot Frontage: |
270 |
| Lot Depth: |
216 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,579 |
60,397 |
116,865 |
| Median Age: |
39.7 |
37.11 |
35.72 |
| Households: |
4,231 |
23,611 |
45,914 |
|
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
|
