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500 Saint Michael St
Mobile, AL 36602
Office Property For Sale


Investment Highlights
- Within 5 minutes of the following new developments in Downtown, Mobile
- Newly Renovated Buick Building: Class A Office space catty cornered from the subject property
- Port of Mobile Modernization: US Army Corps of Engineers heading a $365.7 million project to modernize the infrastructure of the port
- Historic Old Gayfer's Building: Mixed-Use Development to include 94 housing units with room for several retail tenants
- The Lofts at Midtown: 24 Class A Lofts seated atop 8,250 SF of restaurant/retail space
Executive Summary
Investment Opportunity to purchase an office building with a national credit tenant in Downtown Mobile. Automation + Controls Engineering, LLC ("ACE") is a wholly-owned subsidiary of AWC, Inc. AWC, Inc. generates almost $150 million in annual sales across its 28 companies.
Property Facts
Sale Type
Investment
Property Type
Building Size
8,300 SF
Building Class
B
Year Built
1983
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,300 SF
Building FAR
0.91
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Property Taxes
| Parcel Number | 29-06-40-0-003-314 | Improvements Assessment | $102,540 |
| Land Assessment | $29,460 | Total Assessment | $132,000 |
Property Taxes
Parcel Number
29-06-40-0-003-314
Land Assessment
$29,460
Improvements Assessment
$102,540
Total Assessment
$132,000
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