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Downtown Mobile Redevelopment Opportunity
For Sale
$225,000

67 St Michael St, Mobile, AL 36602

2,926 SF Specialty For Sale REDUCED PRICE: Redevelopment site in Prime Downtown Location

Property Size3,049 SF
Lot Size0.07 Acres
Price / SF$73.79
Days on Market571

Property Features for 67 St Michael St

General Information

Standard status Active
Property type Other specialty properties, Other office properties, Office buildings, Specialty properties, Office Spaces
Size 3,049 SF
Net Rentable 2,926 SF
Class C
Elevators N/A
Lot size 0.07 Acres

Building Details

Buildings 1
Stories 1
Listing Agency:
Listed By: Paul
Added: Feb 6, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

Located in Downtown Mobile, Alabama, this 2,926 square foot redevelopment site offers an opportunity with approximately 40 feet of frontage on St. Michael Street. The 0.07-acre property is within walking distance of restaurants, shops, businesses, and local events. The property's proximity to the historic First National Bank building, which is also available for purchase, allows for synergistic development or additional parking solutions. The total building size is approximately 3,049 square feet. This site is suited for multi-family residential development, commercial ventures, or a parking facility to serve the surrounding buildings.

Property Analytics

Current Use

Specialty properties

Location Intelligence

Trade Area within ½ mile

2,921
Businesses Nearby

Demographics for 36602, AL

910
Population
802
Households
1.1
Avg Household Size
56
Median Age
45%
College-Educated
91%
High-School Grad
3.9 sq mi
ZIP Area
233
Density / Sq Mi
$35,000
Median Household Income
$48,523
Median Earnings
$596
Median Rent
$258,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - 2,926 SF Specialty For Sale REDUCED PRICE: Redevelopment site in Prime Downtown Location
Where is this specialty property located?
The property is located at 67 St Michael St Mobile, AL.
What is the asking price?
The asking price for this property is $225,000.
More about this property
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