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    1111 Government St Mobile, AL 36604

    Source: https://www.saltercompany.com
    For Sale
    $845,000

    Historic BBQ Restaurant, Fully Equipped, 5,220 SF

    Property size:
    5,220 SF

    Description

    Added:
    Feb 7, 2025
    Days on Market:
    303
    This exceptional 5,220 square foot commercial property, located at 1111 Government Street in Mobile, Alabama, 36604, presents a remarkable opportunity for a savvy investor. Previously occupied by the well-known Saucy Q BBQ, this established restaurant space boasts significant brand recognition within the Mobile community and the historic Oakleigh Garden district. The building is fully equipped for immediate restaurant operation, featuring ample seating, numerous televisions ideal for game-day viewing, and a dedicated private dining area perfect for special events. A significant advantage in the downtown area, the property includes a generous parking area. The lot size is approximately 1.06 acres. The asking price is $845,000. This turnkey operation eliminates the need for extensive renovations and allows for a swift transition into business. The property's prime location and existing infrastructure offer a unique chance to capitalize on the vibrant energy of Downtown Mobile and establish a thriving culinary venture. This is a rare opportunity to acquire a landmark location with built-in customer recognition. Don't miss this chance to own a piece of Mobile's culinary history.

    Property Features for 1111 Government St

    General Information

    Property type
    Restaurants
    Square Feet
    5,220 SF
    Price / Square Foot
    $161
    Elevators
    N/A
    Lot Size
    46,211 SF

    Building Details

    Year Built
    1993
    Buildings
    1
    Stories
    1

    HighLights

    • Prime 5,220 sq ft Downtown Mobile location, previously a popular BBQ restaurant.
    • Fully equipped restaurant space with ample seating, TVs, and a private dining area.
    • Rare downtown Mobile offering: includes a generous parking area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Saucy Q Bar ... Barbecue Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.060377
    Latitude
    30.683559

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    FAQs

    What type of property is this?
    Restaurant - Historic BBQ Restaurant, Fully Equipped, 5,220 SF
    Where is this restaurant located?
    The property is located at 1111 Government St Mobile, AL.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: Prime 5,220 sq ft Downtown Mobile location, previously a popular BBQ restaurant.; Fully equipped restaurant space with ample seating, TVs, and a private dining area.; Rare downtown Mobile offering: includes a generous parking area.
    (850) 564-0120
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    1111 Government St Mobile, AL 36604
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    Mobile, AL 36604
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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
    1111 Government St Mobile, AL 36604
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