800 Saint Louis St Mobile, AL

Listing Agency Milling Commercial Realty Show Phone

Listed by Jeremy B Milling Show Phone

Source Moodyscre

Added: Aug 21, 2024 Checked: Jul 19 at 5:13 am

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Investment Insights

Based on property information with market context.

This is an excellent redevelopment opportunity located along St. Louis Street, encompassing an entire block and improved with a 2-story historic structure. Originally built as a school associated with St. Joseph's Catholic Church, it was later purchased and renovated for Wings of Life, a faith-based recovery program. The site is located in the "Automotive Alley" corridor, an area that has seen considerable redevelopment over the past 10+ years. Situated in an Opportunity Zone, this historical building offers many possibilities, including the potential for Historic Tax Credits and other incentive programs. The property has a size of 22940 square feet.

Key Highlights

• Excellent redevelopment opportunity encompassing an entire block.
• Located in an Opportunity Zone with potential for Historic Tax Credits and other incentive programs.
• Historic 2‑story structure with redevelopment possibilities.

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FAQs

What type of property is this?

School - Two-story historic building for redevelopment in an Opportunity Zone.

Where is this school located?

The property is located at 800 Saint Louis St Mobile, AL.

What is the asking price?

The asking price for this property is $2,200,000.

What are key features of this property?

This property features: Excellent redevelopment opportunity encompassing an entire block.; Located in an Opportunity Zone with potential for Historic Tax Credits and other incentive programs.; Historic 2‑story structure with redevelopment possibilities.