Class A Office For Sale

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 29898151
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 16,799 SF
Sale Price: $1,800,000
Unit Price: $107.15 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Taylor Martino Building
Class of Space: Class A
Usable Size (USF): 16,799 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 8/18/2017

Overview / Comments

This property consists of Two buildings that can be purchased separately or together. They included:
- 11,441sf ± (51 St. Joseph)
- 5,358sf ± (59 St. Joseph).
They were remodeled in 2004.

This prestigious office building is conveniently located in the heart of the Central Business District and along the Mardi Gras parade routes. The building overlooks historic Bienville Square at the northwest corner of St. Francis St. and St. Joseph St., making it a most desirable location for any business. Restaurants, shopping, banks and much more are located within a short distance in the Downtown Mobile surrounding area. 51 St. Joseph Street is currently occupied by Taylor Martino P.C. and Alex Shunnarah occupies 59 St. Joseph Street. Both are willing to stay as tenants in the properties.

- Located in Downtown Mobile, AL
- 1.2 Miles to I-10
- 6.9 Miles to I-65
- 9.6 Miles to Baldwin County
- 17.7 Miles to Mobile Regional Airport

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2906400002174.000
Zoning: T6
Property Visibility: Excellent
Highway Access: Easy access to I-165 and I-10.
Airports: 17.7 Miles from Mobile Regional Airport
Total Number of Buildings: 2
Number of Stories: 2
Typical SF / Floor: 5,720 SF
Year Built: 1967
Year Renovated: 2004
Roof Type: Flat
Parking Type: Other
Parking Description: There are several parking garages/lots in the area that provide parking for this property.
Zoning Description: Medium to high-DensityMixed Use buildings, entertainment,Civic and cultural uses. Attached buildings forming a continuous streetwall; treeswithin the public right-of-way; highest pedestrian and transit activity
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,248 48,449 99,401
Median Age: 38.04 36.17 36.17
Households: 1,658 18,705 38,649

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