Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    61 St Joseph St Mobile, AL 36602

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $19 SF/Yr ($1,266 /Mo)

    800 sq ft office, 9th floor, prime location.

    Lot size:
    800 SF

    Description

    Added:
    Mar 18, 2025
    Days on Market:
    295
    This exceptional 800-square-foot executive suite, located on the ninth floor of the historic Waterman-Smith Building (Suite 906), offers a prestigious address in the heart of downtown Mobile, Alabama. The building, a 1947 landmark, boasts stunning views of Bienville Square, the downtown area, and the Mobile River. This full-service lease (3-4 year term) includes a yearly rate of $19 per square foot. The space features two private offices, one with expansive windows and port views, plus reception and storage areas. Recent renovations include new paint, carpeting, and modernized interior and exterior lighting. The Waterman-Smith Building offers convenient access from both St. Joseph and St. Michael Streets, a marble-covered lobby with updated elevators, and the rare amenity of free parking for tenants (one space per 1,000 sq ft, with additional parking available). The ground floor is anchored by Wells Fargo, showcasing impressive Art Deco architecture. This is a unique opportunity to secure below-market rates in a highly desirable downtown location, benefiting from all the amenities the area offers.

    Property Features for 61 St Joseph St

    General Information

    Property type
    Coworking space
    Lease Type
    Full Service
    RSF (Rentable sq. ft)
    800 SF
    USF (Usable sq. ft)
    800 SF
    Class
    A
    Total Parking Spaces
    1
    Elevators
    Yes
    Total Rate
    1266.67
    Lease Term
    3-4 Years

    Building Details

    Buildings
    1
    Stories
    14

    HighLights

    • 800 sq ft executive suite in historic downtown Mobile building.
    • Ninth‑floor suite with views of Bienville Square and Mobile River.
    • Includes free parking and below‑market rent in a renovated landmark building.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    State
    Alabama
    Longitude
    -88.119376
    Latitude
    30.687383

    Nearby Similar for Lease

    • $1,500 /Mo
      17,864 SF

      West Mobile Office Space Available

      Conveniently located office space with multiple offices, meeting room, breakrooms.
      6051 Airport Blvd, Mobile, AL 36608
      View Details
    • $950 /Mo
      5,014 SF

      Cottage on Cottage Hill Road

      Cottage ideal for office or retail near Greer's Cash Saver.
      811 Wildwood Dr, Mobile, AL 36693
      View Details
    • $1,500 /Mo
      19,118 SF

      Commercial Building on Moffett Road

      Commercial building for sale or lease on high-traffic Moffett Road.
      7361 Moffett Rd, Mobile, AL 36618
      View Details
    • $4,500 /Mo
      25,369 SF

      Retail Space on Schillinger Road

      Adaptable retail space with additional parking in Mobile, Alabama.
      75 Schillinger Rd N, Mobile, AL 36608
      View Details
    • $8,800 /Mo
      23,292 SF

      Warehouse in Central Mobile, AL

      Warehouse space suitable for logistics or local warehouse needs.
      2312 Halls Mill Rd, Mobile, AL 36606
      View Details
    • $1,700 /Mo
      29,320 SF

      Retail/Office Space Near Restaurants

      1500 sqft suite available for lease in a desirable location.
      750 Downtowner Loop W, Mobile, AL 36609
      View Details
    • $980 /Mo
      29,320 SF

      Mobile Office Space For Lease

      Office suite available in a desirable Mobile, AL location.
      750 Downtowner Loop W, Mobile, AL 36609
      View Details
    • $1,100 /Mo
      6,164 SF

      Midtown Office Space on Tacon

      Office space in Midtown Mobile, conveniently located near Downtown.
      50 Tacon St, Mobile, AL 36607
      View Details
    • $7,232 /Mo
      23,326 SF

      Move-In Ready Office Space Available

      All-inclusive office space in a convenient West Mobile location.
      1621 University Blvd S, Mobile, AL 36609
      View Details
    • $1,600 /Mo
      19,972 SF

      Mixed-Use Space with Warehouse

      Office and warehouse space near Old Shell Road and I-65.
      166 Noel Ave, Mobile, AL 36607
      View Details
    • $1,600 /Mo
      40,685 SF

      Retail Space on Cottage Hill

      Retail space with utilities included near Cottage Hill Road.
      5301 Cottage Hill Rd, Mobile, AL 36609
      View Details
    • $425 /Mo
      4,147 SF

      Mixed-Use Property with Office Suites

      Mixed-use property featuring office suites and remodeled units for lease.
      5300 Overlook Rd, Mobile, AL 36618
      View Details

    FAQs

    What type of property is this?
    Coworking space - 800 sq ft office, 9th floor, prime location.
    Where is this coworking space located?
    The property is located at 61 St Joseph St Mobile, AL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 800 sq ft executive suite in historic downtown Mobile building.; Ninth-floor suite with views of Bienville Square and Mobile River.; Includes free parking and below-market rent in a renovated landmark building.
    (251) 438-4312
    Request Owner's contact information
    61 St Joseph St Mobile, AL 36602
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    61 St Joseph St
    Mobile, AL 36602
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    61 St Joseph St Mobile, AL 36602
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.