Restaurant for Sublease Downtown Mobile

Retail-Commercial for Lease
Catylist Listing ID: 30363756
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 3,100 SF
Gross Building Area: 11,193 SF
Gross Land Area: 0.08 Acres
Lease Rate: $16.48 PSF (Annual)
Base Monthly Rent: $4,257
Lease Types: Modified Gross
Last Updated: 1/2/2019

Overview / Comments

Situated on the coveted corner of Dauphin and Joachim, this 3,100 sf restaurant features a street entrance with lobby, beautiful interior, bar and kitchen. Equipment is available for sale separately. Sublease available through May 15. 2020.

Expand All Available Space

Suite: 100 3,100 SF $16.48 PSF (Annual) Modified Gross
Level/Floor: 1st
Space Available: 3,100 SF
Lease Rate: $16.48 PSF (Annual)
$4,257 (Monthly)
Lease Type: Modified Gross
Space Subcategory: Office Building
Date Available: 5/15/2020
Space Type: Sublet
Kitchen Yes

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: Mobile County
Tax ID/APN: R022906400011029.
Zoning: T5.2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Joachim and Conception
Property Visibility: Excellent
Largest Nearby Street: Dauphin St.
Feet of Frontage: 121
Area Description: Located in Dowtown Mobile's central business district in the entertainment distict and across from Beinville Square. Mobile is undergoing a renaissance of its own with several new developments. Construction work on the $51 million Meridian at the Port apartment complex on Water Street is underway. Merchants National Bank building is being renovated for residential and office space, and City Hall North is also being redeveloped. The downtown area has also become a food destination. Southern National on Dauphin Street was the only Alabama restaurant to be named a semifinalist in the Best New Restaurant category of the James Beard Foundation Restaurant and Chefs Awards. Downtown CBD features over Residential 2,225 (and rising over 700 in various stages of development currently)Households, approximately 1,929,085 Square Feet of office and more on the way, over 147 acres of Industrial land and Parks/Open Space equal to 87 Acres
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 3,700 SF
Property Condition: Excellent
Year Built: 1976
Year Renovated: 1998
Legal Description: METES AND BOUNDS: ALL THAT REAL PPTY AT SE COR OF DAUPHIN & JOACHIM STS BD BY LINE DESC AS BEG AT SE INT OF DAUPHIN & JOACHIM STS & RUN TH ELY ALG S/L DAUPHIN ST 30 FT 2 1/2 IN TO PT (WHICH PT IS NW COR OF PPTY CONVEYED TO GREGORY L SMITH BY CATHERINE VAN ANTWERP & HUSBAND BY DEED DTD 5/16/03 DBK 104 N S P 220) & RUN TH SLY ALG W/L OF SD PPTY SO CONVEYED TO SD GREGORY L SMITH (W FACE OF BRK WALL & EXT THEREOF) 122 FT 5 IN TO PT ON N FACE OF BRK WALL ON PPTY NOW OR FORMERLY OF FRANK L & ARTHUR L SIGLER & RUN TH WLY ALG N FACE OF SD LAST MENTIONED BRK WALL 30 FT 5 IN M/L TO PT ON E/L OF JOACHIM ST 121 FT 3 IN SLY FROM POB & RUN TH NLY ALG E/L OF JOACHIM ST 121 FT 3 IN TO POB SD PPTY BEING BD ON N BY DAUPHIN ST ON E BY PPTY FORMERLY OF GREGORY L SMITH ON S BY PPTY NOW OR FORMERLY OF FRANK L & ARTHUR L SIGLER & ON W BY JOACHIM ST & BEING SAME PPTY REC IN DBK 61 N S P 8 DTD 07-06-1889 #SEC 40 T4S R1W #MP29 06 40 0 011

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,952 49,359 98,810
Median Age: 40.66 36.2 36.15
Households: 2,631 19,067 38,354

Contact

Photograph of Listing Agent

Angela McArthur

Stirling Properties Mobile
Gulf Coast CMLS Member
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