Small Office/Retail for Sale or Lease in Midtown

Retail-Commercial for Sale
Catylist Listing ID: 30345011
Property Subtypes: Day Care Facility, Free-Standing Building, Street Retail
Building Size (RSF): 950 SF
Gross Land Area: 8,300 SF
Sale Price: $145,000
Unit Price: $152.63 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 950 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/25/2018

Overview / Comments

Vallas Realty, Inc. is pleased to present this 950 square foot freestanding converted small office in Mobile, Alabama. This property is available for sale or lease. The structure has three open area offices, and two private offices, plus a full kitchen.

• Building is approximately 950 SF
• Possible for 4 Private Offices
• Original Wood Flooring
• Lease Rate: $1,350 per month
• Lot Size is ±8,300 square feet
• Additional Parking area in back
• Near the University of South Alabama
• Sale Price: $145,000

Attachments & Media

Additional Details

Nearest MSA: Mobile
County: Mobile
Taxing Authority: Mobile County
Tax ID/APN: 29 07 23 0 006 065.XXX
Zoning: B-1
Retail Clientele: General, Family
Property Located Between: Old Shell Road and Dauphin Street
Property Visibility: Good
Largest Nearby Street: Dauphin Street
Feet of Frontage: 50
Traffic/Vehicle Count: 10,800
Site Description: Located in historic Midtown Mobile, and adjacent to old Midtown favorites such as Cammie's Old Dutch, Butch Cassidy's and many others.
Area Description: The property is just South of a new Publix development at Old Shell Road and Florida Street, which was constructed in 2018. Tenants at the Publix include Taco Mama, Rock N Roll Sushi, The Simple Greek, Marco’s Pizza, Benchmark Physical Therapy, G Harvell, Polish and many others. Midtown is experiencing an explosive growth near the Publix development, and this is one of only a handful of properties available for Sale or Lease.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 950 SF
Property Condition: Average
Roof Type: Hip
Construction/Siding: Wood Frame
Exterior Description: Small office fronting North Florida Street, between Dauphin and Old Shell Road in MIdtown Mobile.
Parking Type: Surface
Parking Description: Property has limited asphalt parking in front of building, but more parking behind the building.
Zoning Description: B-1
Lot Frontage: 50'
Lot Depth: 166'
Legal Description: LOT 38 BLK 1 HOMER PL DBK 1 16 P 241 #SEC 23 T4S R1W #MP29 07 23 0 006

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,758 91,937 166,534
Median Age: 37.9 35.51 36.62
Households: 5,400 37,442 66,192

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