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- LoopNet Team
1509 Government St
Mobile, AL 36604
Office Property For Sale
PROPERTY FACTS
AMENITIES
- Central Heating
- Air Conditioning
ABOUT 1509 GOVERNMENT ST , MOBILE, AL 36604
Midtown Office Building - 1509 Goverment Street 5 Story Multi-Tenant Office Building For Sale on Government Street in Midtown Mobile Priced at a 9.6% Cap Rate. The building has great visibility off of Government with ample parking behind the building. The building is a total of 31,362 SF with 6,272 SF floor plates. The property is currently 71% occupied with approximately 7,200 SF currently vacant giving a new owner the ability to increase the income on the property. Across the street from the building is a retail development with Winn-Dixie Grocery Store, Starbucks Coffee, Office Depot, and Papa Johns. The property is located on the south side of Government Street between Interstate 65 and Downtown Mobile. The property is approximately 2.5 miles from the heart of Downtown Mobile and 3.5 miles from Interstate 65.
PROPERTY TAXES
| Parcel Number | 29-10-21-4-003-005 | Improvements Assessment | $347,700 |
| Land Assessment | $24,020 | Total Assessment | $371,720 |
PROPERTY TAXES
