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    157 Dauphin St Mobile, AL 36602

    Source: https://www.saltercompany.com
    For Sale
    $675,000

    Prime location, renovated space, high potential

    Property size:
    5,400 SF

    Description

    Added:
    Feb 2, 2025
    Days on Market:
    316
    This exceptional 5,400 square foot office building, situated on a 0.12-acre lot in the heart of downtown Mobile, Alabama (36602), presents a unique investment opportunity. Located directly across from Bienville Square and just steps from the Reese's Senior Bowl Office and the Dumb Waiter Restaurant, this property benefits from unparalleled visibility and accessibility. Its central location places it at the epicenter of Mobile's vibrant Mardi Gras celebrations. The building offers a flexible layout suitable for various uses. The first floor has been completely renovated, showcasing beautiful exposed original brickwork, and is ideally suited for a restaurant, with capacity for up to 180 diners. The second floor features a fully renovated space, perfect for office use or residential living quarters, complete with a large bathroom. While some renovations have been completed, further customization is possible to tailor the space to specific needs. All measurements are approximate, and buyers are advised to independently verify all information. The building's potential is vast, making it an attractive proposition for discerning investors seeking a prime location in a thriving downtown area. The sale price is $675,000. The net usable area is 5,207 square feet.

    Property Features for 157 Dauphin St

    General Information

    Property type
    Other office properties
    Square Feet
    5,400 SF
    Price / Square Foot
    $125
    Elevators
    N/A
    Net Rentable
    5,207 SF
    Lot Size
    5,331 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • Prime downtown Mobile location across from Bienville Square, ideal for various uses.
    • Spacious 5,400 sq ft building, offering potential for restaurant (180‑person capacity) or office space.
    • Renovated second floor with updated office/living quarters and a full bathroom; first floor features exposed brick.
    Insight Report Location Intelligence

    Current Use by Public Records

    New York High ... Department Store Pro Acoustic Solutions Acoustical Consultant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.042214
    Latitude
    30.69151

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    FAQs

    What type of property is this?
    Office property - Prime location, renovated space, high potential
    Where is this office property located?
    The property is located at 157 Dauphin St Mobile, AL.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: Prime downtown Mobile location across from Bienville Square, ideal for various uses.; Spacious 5,400 sq ft building, offering potential for restaurant (180-person capacity) or office space.; Renovated second floor with updated office/living quarters and a full bathroom; first floor features exposed brick.
    (850) 564-0120
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    157 Dauphin St Mobile, AL 36602
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    Mobile, AL 36602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    157 Dauphin St Mobile, AL 36602
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