Office/Residential - Downtown Mobile

Office for Sale
Catylist Listing ID: 29999137
Property Subtypes: Office Building
Building Size (RSF): 4,780 SF
Gross Land Area: 0.45 Acres
Sale Price: $625,000
Unit Price: $130.75 PSF
Property Use Type: Vacant/Owner-User
Building Name: Larson & McGowin
Class of Space: Class B
Usable Size (USF): 4,780 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/8/2018

Overview / Comments

Historic two-story brick building (3,280sf) with separate two-story carriage house (1,500sf) and parking lot. Previous home of Larson & McGowin forestry consultants. The main building features five private offices, conference room, bullpen area, file rooms, break area, three restrooms, courtyard, and balcony. The carriage house features four offices, conference room, full kitchen, two restrooms and an outdoor deck. The property includes a parking lot to that can accommodate up 26 vehicles.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2906400002044.000
Property Located Between: State Street and Congress Street
Property Visibility: Good
Highway Access: Congress to Water Street to I-10 or Congress to Water Street to I-165 Connector to I-65
Airports: Mobile Regional Airport - 17 miles, Mobile Downtown Airport - 12 Miles
Site Description: Located in historic De Tonti Square in Downtown Mobile, Alabama. Known for its historic buildings, De Tonti Square is home to residential and professional office users. The property is walking distance to retail, financial services, food & Beverage service, entertainment venues, the new federal courthouse and Bienville Square.
Area Description: The property is located in downtown Mobile, Alabama. Downtown Mobile is growing and vibrant and convenient to most parts of the city and the Eastern Shore of Mobile Bay.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,500 SF
Year Built: 1860
Construction/Siding: Brick
Exterior Description: Attractive two-story brick building painted white with green shutters and railing.
Parking Type: Surface
Parking Description: Parking is available in the rear of the building for 3-5 vehicles and the adjacent lot can accommodate 26 vehicles.
Total Parking Spaces: 30
Sprinklers: None
Internet Access: Cable
Interior Description: Hardwood floors, plaster walls, 10' tall ceilings.
Zoning Description: Suitable for residential and light commercial (i.e., office) use.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOT 1 LARSON & MCGOWIN SUB MBK 37 P 91 #SEC 40 T4S R1W #MP29 06 40 0 002

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,478 49,535 100,308
Median Age: 41.18 36.96 36.02
Households: 2,332 19,330 38,934


Photograph of Listing Agent

David Dexter

NAI Mobile Gulf Coast CMLS Member
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