Office Building on Government St

Office for Sale
Catylist Listing ID: 30180225
Property Subtypes: Executive Suites, Office Building, Other
Building Size (RSF): 7,800 SF
Gross Building Area: See Agent
Gross Land Area: 28,900 SF
Sale Price: $275,000
Unit Price: $35.26 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class C
Usable Size (USF): 7,800 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/2/2018

Overview / Comments

Approximately 7,800 SF office building fronting Government Street (320') adjacent to the Mobile Police Department. Building sits on a 28,900 SF lot, providing 30 paved parking spaces and a fenced area on the west side of the property ideal for extra parking or storage yard. Zoned B-1. Approximately two miles east of I-65 and McGowin Park (retail/shopping center). Currently no tenants in the building, so the property is ideal for an owner/occupier or has great investment potential. Renovations in progress.

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2909292000002.000
Property Visibility: Fair
Highway Access: Government St (US HWY 90)
Airports: Mobile Regional Airport, Mobile Aeroplex at Brookley, Pensacola International Airport, Louis Armstrong International Airport (New Orleans, LA)
Area Description: Centrally located on Government Street and less than 2 miles from McGowin Park. Less than 2 miles from I-65 and 2.8 miles from downtown. Site is located directly across from Whataburger restaurant and proximate to other restaurants, shopping, schools, parks, banks and residential neighborhoods.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,800 SF
Parking Type: Surface
Parking Description: 30 paved spaces in the front of the building. Fenced lot to the west side of building.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,651 89,393 160,314
Median Age: 34.25 34.7 36.69
Households: 5,353 36,171 64,031


Photograph of Listing Agent

Pete Riehm

NAI Mobile, LLC Gulf Coast CMLS Member
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