Versatile 17,860 SF building, ideal for multiple uses.
Property size:
17,860 SF
Description
Added:
Feb 7, 2025
Days on Market:
333
This 17,860 square foot building, situated on Government Boulevard (Highway 90) in Mobile, Alabama, presents a unique investment opportunity. Its previous use as a VFW meeting hall offers a versatile layout adaptable to a wide range of commercial applications. The property boasts a fully equipped commercial kitchen featuring a vent hood, gas stove, walk-in cooler, and hood suppression system, along with commercial sinks, pots, pans, and utensils. A bar area includes two small refrigerators and a drink cooler. The 0.41-acre lot is strategically located approximately 1.5 miles east of I-65, near the I-65 and I-10 interchange, and within close proximity to Airport Boulevard, Dauphin Island Parkway, and Pleasant Valley Road. This prime location is surrounded by established commercial businesses including Walmart Neighborhood Market, Whataburger, Captain D's Seafood, and the Mobile Police Assembly. Potential uses for this property are numerous and include restaurants, catering businesses, bars, retail spaces, commercial offices, car lots, general entertainment venues, or private clubs. The building comprises four units. The property is located in Mobile County, Alabama, with a zip code of 36606. The asking price is $189,500.
Property Features for 2528 Government Blvd
General Information
Property type
Other retail properties
Square Feet
17,860 SF
Price / Square Foot
$10
Elevators
N/A
Lot Size
17,860 SF
Building Details
Year Built/Renovated
1964/1999
Buildings
1
Stories
1
Units
4
HighLights
Large 17,860 sq ft building on Government Blvd. in Mobile, AL, near major highways.
Includes a fully equipped commercial kitchen with hood, stove, cooler, and utensils.
Prime location near Walmart, Whataburger, and other businesses, offering diverse usage potential.
Other retail property - Versatile 17,860 SF building, ideal for multiple uses.
Where is this other retail property located?
The property is located at 2528 Government Blvd Mobile, AL.
What is the asking price?
The asking price for this property is $189,500.
What are key features of this property?
This property features: Large 17,860 sq ft building on Government Blvd. in Mobile, AL, near major highways.; Includes a fully equipped commercial kitchen with hood, stove, cooler, and utensils.; Prime location near Walmart, Whataburger, and other businesses, offering diverse usage potential.
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2528 Government Blvd Mobile, AL 36606
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Realmo Value Estimation
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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
2528 Government Blvd Mobile, AL 36606
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For sale
Paul Salter
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For sale
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