92,800± SF Historic Redevelopment Opportunity in Downtown Mobile

Retail-Commercial for Sale
Catylist Listing ID: 30872400
Property Subtypes: Mixed Use
Building Size (RSF): 92,800 SF
Gross Land Area: 0.57 Acres
Sale Price: $4,200,000
Unit Price: $45.26 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Building Name: Gayfer's Building
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/15/2024

Overview / Comments

• 92,800± SF building
• 0.58± AC property footprint
• Zoned T5.2 - Mixed Use
• Located on Dauphin Street directly on newly renovated Bienville Square
• 0.15 AC parking lot
• Excellent visibility & walkability to over 500 businesses with more than 6,500 employees
• Located in the heart of Downtown Mobile with easy access to I-10, I-165, Dauphin St. & Government Blvd.
• Rare opportunity to revitalize a historical building in Downtown Mobile.
• SALES PRICE: $4,200,000

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2906400002260XXX
Property Located Between: Conception St & St Emanuel St
Property Visibility: Excellent
Largest Nearby Street: Dauphin Street
Number of Stories: 4

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,112 48,449 98,810
Median Age: 37.58 36.17 36.15
Households: 2,081 18,705 38,354


Photograph of Listing Agent

Leigh Rendfrey

CRE Mobile Gulf Coast CMLS Member
Photograph of Listing Agent

Allan R. Cameron, Jr.

CRE Mobile Gulf Coast CMLS Member
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