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1409 Government St 6,584 SF 100% Leased Office Building Mobile, AL 36604 $425,000 ($64.55/SF)
INVESTMENT HIGHLIGHTS
- Vibrant area in Midtown Mobile
- High visibility on Government St.
EXECUTIVE SUMMARY
Well situated building in Midtown at a good price. Needs renovation. Block building set up originally for two tenants allowing one investor/user to rent out the other side. Perfect for a doctor or law office. Glass front with great visibility on Government St. in Midtown across from PNC west of Broad St. Good surface parking behind building.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
6,584 SF
Building Class
B
Year Built
1984
Price
$425,000
Price Per SF
$64.55
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,584 SF
Slab To Slab
9’
Building FAR
0.31
Lot Size
0.48 AC
Zoning
B1 - Commercial
Parking
25 Spaces (3.8 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
1 1
PROPERTY TAXES
| Parcel Number | 29-10-22-3-002-009 | Improvements Assessment | $56,220 |
| Land Assessment | $14,700 | Total Assessment | $70,920 |
PROPERTY TAXES
Parcel Number
29-10-22-3-002-009
Land Assessment
$14,700
Improvements Assessment
$56,220
Total Assessment
$70,920
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1409 Government St
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