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1206 Montlimar Dr Mobile, AL 36609

Source: https://www.saltercompany.com
For Sale
$1,350,000

Six-unit plaza, leased, strong ROI potential.

Property size:
15,200 SF

Description

Added:
Feb 6, 2025
Days on Market:
312
This exceptional investment opportunity presents a six-unit office and retail plaza ideally situated in Mobile, Alabama, at 1206 Montlimar Dr, 36609. The property encompasses a substantial 15,200 square feet of leasable space, strategically positioned on a generous 1.47-acre lot. Currently fully leased, this multi-tenant building offers a stable income stream and significant potential for future appreciation. The sale price is $1,350,000, representing a compelling investment in a thriving market. The property's structure is designed to accommodate a diverse range of commercial tenants, making it an attractive option for both established businesses and new ventures. Its location provides convenient access to key transportation routes and local amenities, enhancing its appeal to potential tenants and maximizing its investment value. This turnkey investment property requires minimal management, making it an ideal addition to any portfolio seeking consistent cash flow and long-term growth. The sale is structured as an NNN (Net, Net, Net) lease, further minimizing the owner's operational responsibilities. This presents a rare opportunity to acquire a well-established, income-producing property in a desirable location. Detailed financial information is available upon request. Don't miss this chance to secure a profitable and low-maintenance investment.

Property Features for 1206 Montlimar Dr

General Information

Property type
Other office properties
Square Feet
15,200 SF
Price / Square Foot
$88
Class
B
Total Parking Spaces
58
Elevators
N/A
Lot Size
64,033 SF

Building Details

Year Built
2010
Buildings
1
Stories
1

HighLights

  • Fully leased, six‑unit office/retail plaza generating strong rental income.
  • 15,200 square feet on a 1.47‑acre lot in Mobile, Alabama.
  • Attractive investment opportunity priced at $1,350,000; NNN lease structure.
Insight Report Location Intelligence

Current Use by Public Records

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Suggested Use

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

Location Insight

  • Map
  • Local Demand
City
Mobile
State
Alabama
Longitude
-88.133857
Latitude
30.665431

FAQs

What type of property is this?
Office property - Six-unit plaza, leased, strong ROI potential.
Where is this office property located?
The property is located at 1206 Montlimar Dr Mobile, AL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Fully leased, six-unit office/retail plaza generating strong rental income.; 15,200 square feet on a 1.47-acre lot in Mobile, Alabama.; Attractive investment opportunity priced at $1,350,000; NNN lease structure.
More about this property
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