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    200 St Joseph St Mobile, AL 36602

    Source: https://www.saltercompany.com
    For Sale
    $400,000

    Prime location, drive-thru, ample parking.

    Property size:
    2,393 SF

    Description

    Added:
    Feb 6, 2025
    Days on Market:
    310
    This exceptional 1,716 square foot free-standing building is available for sale in the heart of Mobile, Alabama. Currently occupied by Yellow Hammer Coffee, the property boasts a convenient drive-thru window, perfect for a variety of businesses. The building includes a grease trap, making it suitable for food service operations. Parking is readily available with five spaces in the rear and four in the front. Its prime downtown location offers unparalleled visibility and accessibility, situated directly across from the new Federal Courthouse. The surrounding area is vibrant, with easy walking distance to numerous restaurants, bars, entertainment venues, and financial and legal services. The lot size is approximately 0.155 acres. The building's total size is 2393 square feet, though the currently leased space is 1716 square feet. This presents a unique opportunity for investors seeking a high-traffic, well-located commercial property in a thriving downtown area. The asking price is $400,000.

    Property Features for 200 St Joseph St

    General Information

    Property type
    Other retail properties
    Square Feet
    2,393 SF
    Price / Square Foot
    $167
    Class
    B
    Elevators
    N/A
    Lot Size
    6,766 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Prime downtown Mobile location, across from the new Federal Courthouse.
    • 1,716 sq ft free‑standing building with drive‑thru window and grease trap.
    • Ample parking: 9 spaces total, plus convenient walkability to area amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Mobile
    State
    Alabama

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    FAQs

    What type of property is this?
    Other retail property - Prime location, drive-thru, ample parking.
    Where is this other retail property located?
    The property is located at 200 St Joseph St Mobile, AL.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Prime downtown Mobile location, across from the new Federal Courthouse.; 1,716 sq ft free-standing building with drive-thru window and grease trap.; Ample parking: 9 spaces total, plus convenient walkability to area amenities.
    (850) 564-0120
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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
    200 St Joseph St Mobile, AL 36602
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