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

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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
Office
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

Property Taxes

Parcel Number
29-06-40-0-003-314
Land Assessment
$29,460
Improvements Assessment
$102,540
Total Assessment
$132,000
  • Listing ID: 25482404

  • Date on Market: 4/15/2022

  • Last Updated:

  • Address: 500 Saint Michael St, Mobile, AL 36602

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