Catylist ID:
#30872383
Two-Building Complex - Midtown Mobile
Office
for Sale
Sale Pending
| Catylist Listing ID: | 30872383 |
| Property Subtypes: | Net Leased, Office Building |
| Status: | Pending |
| Building Size (RSF): | 7,152 SF |
| Gross Land Area: | 0.57 Acres |
| Sale Price: | $1,389,900 |
| Unit Price: | $194.34 PSF |
| Ceiling: | 12 ft. |
| Property Use Type: | Net Leased Investment (NNN), Vacant/Owner-User |
| Class of Space: | Class A |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/11/2024 |
Overview / Comments
|
Two-building complex located on N. Florida Street in vibrant Midtown Mobile. 50 N. Florida Street is a Class A two-story professional office building featuring (14) private offices, (2) conference rooms, (2) bullpens, (2) break rooms, reception/lobby area, balcony and (2) executive offices with private restrooms and showers. The building has 12-foot ceilings and a back-up generator. 30 N. Florida Street is a 1,200-sf single-story building that is occupied by a family counseling practice on a NNN lease that runs through 8/25/2028. Financials are available upon request. The office buildings are situated upon a 0.57 acre-parcel with 150' of frontage on N. Florida Street. The property is zoned B-1 - Buffer Business. |
Attachments & Media
Additional Details
| Nearest MSA: | Mobile |
| County: | Mobile |
| Tax ID/APN: | 2907230006067XXX |
| Zoning: | B-1 - BUFFER BUSINESS |
| Property Located Between: | Dauphin Street and Old Shell Road |
| Property Visibility: | Excellent |
| Highway Access: | N. Florida Street to either Springhill Avenue or Dauphin Street to I-65 |
| Site Description: | The site consists of 0.57 of land (24,829sf) with 150' of frontage on N. Florida Street. The parcel has two freestanding commercial buildings and (29) parking stalls that ae shared. The site features hardwood trees, St. Augustine grass and attractive landscaping. |
| Area Description: | The area features professional office, retail, sit-down restaurants, schools, churches and residential neighborhoods. Midtown Mobile is vibrant and a popular place to reside. |
| Total Number of Buildings: | 2 |
| Number of Stories: | 2 |
| Typical SF / Floor: | 2,976 SF |
| Year Built: | 2004 |
| Roof Type: | Gable |
| Construction/Siding: | Brick |
| Exterior Description: | The exterior of 50 N. Florida Street features hardwood trees, St. Augustine grass and attractive landscaping. There is a parking lot with 29 parking stalls, a balcony and a monument sign. |
| Parking Type: | Surface |
| Parking Description: | 29 surface parking stalls - shared |
| Total Parking Spaces: | 29 |
| Internet Access: | Fiber Optic |
| Interior Description: | The interior features 12' ceilings, (14) private offices, (2) conference rooms, (2) bullpen areas, (2) break rooms, reception/lobby area and (2) executive offices with private restrooms and showers. |
| Zoning Description: | B-1 - Buffer Business |
| Lot Frontage: | 150 |
| Lot Depth: | 165 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | LOT 1 GREENE & PHILLIPS S/D MBK 101/41 #SEC 23 T4S R1W #MP29 07 23 0 006 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 12,339 | 89,980 | 166,437 |
| Median Age: | 37.91 | 35.27 | 36.46 |
| Households: | 5,610 | 36,660 | 66,045 |
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