Downtown Investment Property With Parking!

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30864074
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 7,536 SF
Gross Building Area: See Agent
Sale Price: $995,000
Unit Price: $132.03 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/26/2024

Overview / Comments

• Building Size: 7,536± SF
• Fully Leased
• Rare downtown property with on-site parking
• Great access and visibility on Government Street
• Property has historic charm with updated features
• Four office suites with two restrooms and break room
• Nice, private courtyard with fountain

Subject property is located in the downtown area of Mobile, AL, fronting Government Street (HWY 90). This professional office building has great visibility on downtown main corridor. Proximate to shopping, restaurants, grocery, banks and industry services. Great location for office user wanting walkability, easy access to I-10, free parking and several offices.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2906400010315XXX
Property Located Between: S Jefferson St & S Bayou St
Property Visibility: Excellent
Highway Access: Access from Government Street
Total Number of Buildings: 1
Number of Stories: 2
Parking Type: Surface
Parking Description: Private gated parking lot

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,040 57,267 106,879
Median Age: 40.94 36.77 36.18
Households: 3,870 22,224 41,885

Contact

Photograph of Listing Agent

Josh Hall

CRE Mobile Gulf Coast CMLS Member
Photograph of Listing Agent

Pete Riehm

CRE Mobile Gulf Coast CMLS Member
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