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

    104 St Francis St Mobile, AL 36602

    Source: https://www.saltercompany.com
    For Lease
    $25 SF/Yr ($15,454 /Mo)

    Prime Mobile, AL Office/Retail Space Available

    Lot size:
    7,418 SF

    Description

    Added:
    Mar 18, 2025
    Days on Market:
    272
    This exceptional commercial property, located within the prestigious Merchants Plaza at the corner of St. Francis Street and Royal Street in Mobile, Alabama (zip code 36602), offers a versatile and highly visible space ideal for a variety of businesses. The ground floor suite (Suite 100) boasts 7,418 rentable square feet, providing ample room for operations. Additional space options include approximately 5,000 square feet of mezzanine space and approximately 9,500 square feet on the second floor, offering flexibility to accommodate expanding needs. The space is delivered as cold shell, allowing for complete customization to perfectly match a tenant's specific requirements. This prime location benefits from excellent visibility and walkability, with over 500 businesses and more than 6,500 employees within easy reach. The building offers convenient on-site management and maintenance, security personnel, and a parking garage for tenant and customer convenience. The lease type is NNN, with an annual rate of $25 per square foot. Contact for pricing details.

    Property Features for 104 St Francis St

    General Information

    Property type
    Other office properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    7,418 SF
    USF (Usable sq. ft)
    7,418 SF
    Class
    C
    Elevators
    Yes
    Total Rate
    15454.17

    Building Details

    Buildings
    1
    Stories
    8

    HighLights

    • 7,418 sq ft ground floor office/retail space available in Mobile, AL.
    • Prime location at St. Francis & Royal Streets offers excellent visibility and walkability.
    • Cold shell space allows customization; on‑site management, security, and parking included.
    Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Mobile
    State
    Alabama
    Longitude
    -88.122725
    Latitude
    30.687259

    Nearby Similar for Lease

    • $1,595 /Mo
      34,321 SF

      Spacious Office Suite on Government

      1600 sqft office suite available for rent immediately.
      1509 Government St, Mobile, AL 36604
      View Details
    • $5,950 /Mo
      34,321 SF

      Mobile Office Space For Rent

      6,500 sqft office space available on Government Street.
      1509 Government St, Mobile, AL 36604
      View Details
    • $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
    • $1,650 /Mo

      Updated Office Space in Mobile

      Conveniently located office space with recent updates and flexible uses.
      6300 Piccadilly Square Dr, Mobile, AL 36609
      View Details

    FAQs

    What type of property is this?
    Office property - Prime Mobile, AL Office/Retail Space Available
    Where is this office property located?
    The property is located at 104 St Francis St Mobile, AL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 7,418 sq ft ground floor office/retail space available in Mobile, AL.; Prime location at St. Francis & Royal Streets offers excellent visibility and walkability.; Cold shell space allows customization; on-site management, security, and parking included.
    (251) 438-4312
    Request Owner's contact information
    104 St Francis 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.
    104 St Francis 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
    104 St Francis 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.