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    1409 Government St Mobile, AL 36604

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    For Sale
    $425,000

    Midtown office building with renovation potential and high visibility.

    Property size:
    6,584 SF
    Lot size:
    0.48 Acres

    Property Features for 1409 Government St

    General Information

    Size
    6,584 SF
    Lot size
    0.48 Acres

    Source: Bellator Commercial Agent David Milstead

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Midtown Office Building For Sale

    This Midtown building offers a good location and requires renovation. Constructed as a block building, it was originally designed for two tenants, allowing an investor or user to rent out one side. The property features a glass front, providing high visibility on Government Street in Midtown, across from PNC and west of Broad Street. A new hot roof, installed in October 2023, includes a two-ply glass felt, tar organic base, and rubber cap, and comes with a five-year warranty. The property includes surface parking located behind the building. The building is suitable for a doctor's or law office. The property contains 6,584 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Terry Steven PC Attorney Webb Morgan & Co Accountant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0699592
    Latitude
    30.6809158

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    FAQs

    What type of property is this?
    Office building - Midtown office building with renovation potential and high visibility.
    Where is this office building located?
    The property is located at 1409 Government St Mobile, AL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - High visibility location on Government St. in Midtown; - Potential for dual tenancy, allowing for rental income; - New roof with a five-year warranty (installed 10/23)
    (251) 458-8202
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    1409 Government St Mobile, AL 36604
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    Mobile, AL 36604
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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
    1409 Government St Mobile, AL 36604
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