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    558 Saint Francis Street Mobile, AL 36602

    Source: https://www.saltercompany.com
    For Sale
    $2,200,000

    Historic 13,200 SF building, prime location.

    Property size:
    13,200 SF

    Description

    Added:
    Feb 4, 2025
    Days on Market:
    305
    This exceptional 13,200 square foot mixed-use development presents a rare opportunity in the heart of Downtown Mobile, Alabama. The property, a beautifully restored historic landmark, boasts a prime location within easy walking distance of a vibrant array of restaurants, shops, office buildings, and hotels. The building offers thirteen units, making it an ideal investment for a variety of uses. Secure, fenced off-street parking is a significant advantage in this highly walkable area. The property is currently income-producing; detailed financial information is available upon request. The asking price for this remarkable asset is $2,200,000. The 0.11-acre lot provides ample space for the existing structure and potential future development. This is a unique chance to acquire a substantial and profitable property in a thriving downtown setting. Serious inquiries only.

    Property Features for 558 Saint Francis Street

    General Information

    Property type
    Other mixed-use properties
    Square Feet
    13,200 SF
    Price / Square Foot
    $166
    Total Parking Spaces
    20
    Elevators
    N/A
    Lot Size
    4,824 SF

    Building Details

    Year Built/Renovated
    1860/2019
    Buildings
    1
    Stories
    3
    Units
    13

    HighLights

    • 13,200 sq ft mixed‑use development in Downtown Mobile, Alabama.
    • Historic landmark building with fenced off‑street parking.
    • Prime location near restaurants, shops, and hotels; income‑producing property.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.049916
    Latitude
    30.690444

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    FAQs

    What type of property is this?
    Mixed-use property - Historic 13,200 SF building, prime location.
    Where is this mixed-use property located?
    The property is located at 558 Saint Francis Street Mobile, AL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 13,200 sq ft mixed-use development in Downtown Mobile, Alabama.; Historic landmark building with fenced off-street parking.; Prime location near restaurants, shops, and hotels; income-producing property.
    (850) 564-0120
    Request Owner's contact information
    558 Saint Francis Street 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
    558 Saint Francis Street Mobile, AL 36602
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