Crescent Theater Building

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30181326
Property Subtypes: Mixed Use, Movie Theatre, Street Retail
Status: Pending
Building Size (RSF): 8,800 SF
Gross Building Area: See Agent
Sale Price: $1,800,000
Unit Price: $204.55 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 10.0%
Last Updated: 5/17/2022

Overview / Comments

-Three Story Building
-8,800+/- SF Building
-Crescent Theatre on first floor—90 seat capacity—3,000 +/- SF—Leased @ $3,000/mo
-Second floor residential penthouse with balcony—3,000 +/- SF– Air BB income @ $7,000/mo
-Third Floor Penthouse 2,800 +/- SF— Air BB Income @ $7,000/mo
-Both Units have a private elevator that opens directly into unit
-Parking available in the private lot next door
-Separate rear entrance in rear for apartments

Attachments & Media

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2906400002213.000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,518 49,359 97,802
Median Age: 36.52 36.2 36.16
Households: 2,110 19,067 37,973


Photograph of Listing Agent

Cameron Weavil, CCIM

The Weavil Company, LLC
Gulf Coast CMLS Member
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