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    2408 Government St Mobile, AL 36606

    Source: https://www.saltercompany.com
    For Sale
    $359,000

    Prime Midtown location, 1,872 SF office/retail space.

    Property size:
    1,872 SF

    Description

    Added:
    Feb 4, 2025
    Days on Market:
    311
    This exceptional 1,872-square-foot freestanding office building is ideally situated on a corner lot at 2408 Government Street in Mobile, Alabama's vibrant Midtown district. The property boasts excellent visibility and convenient access, positioned just east of the Mobile Police Department Headquarters. The building itself offers a versatile layout including multiple private offices, a dedicated conference room, a welcoming lobby/reception area, a convenient break room, and ample storage space. On-site parking is available for up to ten vehicles, ensuring convenience for both staff and clients. The property is zoned B-2 - Neighborhood Business, allowing for a variety of uses. Its strategic location offers proximity to a diverse range of amenities, including retail establishments, other professional offices, churches, schools, multi-family developments, and single-family residential neighborhoods. The 0.169-acre lot provides ample space and potential for future expansion. This is a rare opportunity to acquire a well-maintained, freestanding building in a high-demand area of Midtown Mobile. The asking price is $359,000. The building currently has eight units.

    Property Features for 2408 Government St

    General Information

    Property type
    Other office properties
    Square Feet
    1,872 SF
    Price / Square Foot
    $191
    Class
    C
    Elevators
    N/A
    Net Rentable
    1,872 SF
    Lot Size
    7,369 SF

    Building Details

    Year Built/Renovated
    1957/1987
    Buildings
    1
    Stories
    1
    Units
    8

    HighLights

    • Prime Midtown Mobile location on Government Street with excellent visibility.
    • 1,872 sq ft freestanding building offering ample on‑site parking for up to 10 vehicles.
    • Features multiple private offices, conference room, and a convenient break room.
    Insight Report Location Intelligence

    Current Use by Public Records

    Reynolds & Sayers Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply 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
    -88.09691
    Latitude
    30.673582

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    FAQs

    What type of property is this?
    Office property - Prime Midtown location, 1,872 SF office/retail space.
    Where is this office property located?
    The property is located at 2408 Government St Mobile, AL.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: Prime Midtown Mobile location on Government Street with excellent visibility.; 1,872 sq ft freestanding building offering ample on-site parking for up to 10 vehicles.; Features multiple private offices, conference room, and a convenient break room.
    (850) 564-0120
    Request Owner's contact information
    2408 Government St Mobile, AL 36606
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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
    2408 Government St Mobile, AL 36606
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