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    150 Government St Mobile, AL 36602

    Source: https://www.saltercompany.com
    For Lease
    $16 SF/Yr ($1,843 /Mo)

    Modern 1341 sq ft office, prime downtown location.

    Lot size:
    1,341 SF

    Description

    Added:
    Mar 11, 2025
    Days on Market:
    279
    This exceptional 1,341 square foot office suite, located in Suite 3003 of a downtown Mobile building, presents a fantastic opportunity for businesses seeking a prestigious address. The space boasts a modified gross lease structure with a monthly rate of $16.50 per square foot. Two covered parking spaces are included in the attached parking deck, providing convenient and secure parking for occupants. Beyond the practical benefits, the property offers a beautifully landscaped courtyard, adding a touch of serenity to the urban setting. The location is unparalleled, offering easy access to major interstates (I-10, I-65, and I-165), and is within walking distance of a vibrant array of financial and professional services, hotels, restaurants, bars, shopping, and entertainment venues. This suite is ideal for businesses seeking a central location with convenient access to amenities and transportation. The usable square footage mirrors the rentable square footage at 1341 square feet. Lease terms are negotiable. Inquire today to schedule a viewing of this exceptional downtown Mobile office space.

    Property Features for 150 Government St

    General Information

    Property type
    Other office properties
    Lease Type
    Modified Gross
    RSF (Rentable sq. ft)
    1,341 SF
    USF (Usable sq. ft)
    1,341 SF
    Class
    C
    Elevators
    N/A
    Total Rate
    1843.88

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • 1,341 sq ft office suite in Mobile's vibrant downtown.
    • Includes 2 covered parking spaces in attached deck.
    • Prime location near I‑10, I‑65, I‑165, and city amenities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Siskin Steel & Supply ... Steel Distributor Mobile Bar Association Association / Organization Optimal Debt Relief ... Credit Counseling Service Cowart Michael Insurance Agency Dr. Pamela W. ... Psychiatrist

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.041632
    Latitude
    30.69019

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    FAQs

    What type of property is this?
    Office property - Modern 1341 sq ft office, prime downtown location.
    Where is this office property located?
    The property is located at 150 Government St Mobile, AL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 1,341 sq ft office suite in Mobile's vibrant downtown.; Includes 2 covered parking spaces in attached deck.; Prime location near I-10, I-65, I-165, and city amenities.
    (251) 438-4312
    Request Owner's contact information
    150 Government St Mobile, AL 36602
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    Mobile, AL 36602
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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
    150 Government St Mobile, AL 36602
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