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    59 St Joseph St Mobile, AL 36602

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $15 SF/Yr ($1,875 /Mo)

    Prime 1,500 sq ft office, move-in ready.

    Lot size:
    1,500 SF

    Description

    Added:
    Mar 18, 2025
    Days on Market:
    297
    This exceptional 1,500-square-foot office space is ideally situated on the second floor (Suite 100) of a building located in the vibrant heart of downtown Mobile, Alabama, at 59 St. Joseph Street, zip code 36602. The space boasts a highly desirable full-service lease, offering a 5+ year term at an annual rate of $15 per square foot. The property features multiple private offices, perfect for individual work or team collaboration, along with a well-equipped break room/kitchen for employee convenience. A dedicated conference room provides a professional setting for meetings and presentations, while a welcoming reception area ensures a positive first impression for clients and visitors. This move-in ready space is exceptionally convenient, offering easy access to major roadways including I-10 and I-165, as well as Dauphin Street and Government Boulevard. Its prime downtown location places it within walking distance of numerous federal buildings, restaurants, shops, and other office buildings, making it an attractive option for businesses seeking a central and accessible location. The usable square footage mirrors the rentable square footage at 1,500 square feet.

    Property Features for 59 St Joseph St

    General Information

    Property type
    Other office properties
    Lease Type
    Full Service
    RSF (Rentable sq. ft)
    1,500 SF
    USF (Usable sq. ft)
    1,500 SF
    Class
    C
    Total Parking Spaces
    1
    Elevators
    N/A
    Total Rate
    1875
    Lease Term
    5+ Years

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • 1,500 sq ft of move‑in ready office space in downtown Mobile.
    • Prime location near I‑10, I‑165, and major thoroughfares.
    • Features include private offices, break room, conference room, and reception area.
    Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Mobile
    State
    Alabama
    Longitude
    -88.122725
    Latitude
    30.687259

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    FAQs

    What type of property is this?
    Office property - Prime 1,500 sq ft office, move-in ready.
    Where is this office property located?
    The property is located at 59 St Joseph St Mobile, AL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 1,500 sq ft of move-in ready office space in downtown Mobile.; Prime location near I-10, I-165, and major thoroughfares.; Features include private offices, break room, conference room, and reception area.
    (251) 438-4312
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    59 St Joseph St 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
    59 St Joseph St Mobile, AL 36602
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