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Updated Office Building For Sale
For Sale
$875,000

1142 Montlimar Dr, Mobile, AL 36609

Updated 6300 SF office building with flexible tenant options.

Property Size6,300 SF
Lot Size0.60 Acres
Price / SF$138.89
Days on Market593

Property Features for 1142 Montlimar Dr

General Information

Standard status Active
Size 6,300 SF
Lot size 0.60 Acres

Taxes and HOA fees

Annual Taxes $10,224
Listing Agency: Berkshire Hathaway Homeservices Cooper & Co
Listed By: Doug Adams
Source: Exprealty
Added: Dec 27, 2024 Changed: Aug 8 Last Checked: Aug 8 at 5:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Homeservices Cooper & Co

Investment Insights

Based on property information with market context.

This updated office building offers approximately 6300 square feet of space. The building has undergone several updates in the last four years, including repainted and resealed stucco, reworked gutters and downspouts, interior paint, new flooring, and a metal roof. The layout includes a mix of private offices, open bullpen-style offices, and glass-walled offices, distributed across upstairs and downstairs areas. A large conference room, currently utilized as a multi-office space, is available. The building also features a full kitchen downstairs and a breakroom area upstairs. Ample parking is provided in both the front and back of the building. The current tenant occupies the space and has the option to stay at a rate of $6300 per month or vacate, depending on the buyer's needs.

Key Highlights

  • Income‑generating potential: Current tenant provides $6300/month income, offering immediate ROI or option to occupy.
  • Substantial size: 6300 sq ft +/- provides ample space for various business operations.
  • Recent extensive renovations: Updated stucco, roof, flooring, paint, and more ensure a modern and well‑maintained building.

Property Analytics

Current Use

Alliance Engineering Engineer Retrēv (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Kitchen & Bath Showroom Garden Center Gym & Fitness Center Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,515
Businesses Nearby

Demographics for 36609, AL

24,265
Population
12,701
Households
1.9
Avg Household Size
35
Median Age
34%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
3,622
Density / Sq Mi
$49,724
Median Household Income
$36,458
Median Earnings
$1,072
Median Rent
$201,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Updated 6300 SF office building with flexible tenant options.
Where is this office building located?
The property is located at 1142 Montlimar Dr Mobile, AL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Income‑generating potential: Current tenant provides $6300/month income, offering immediate ROI or option to occupy.; Substantial size: 6300 sq ft +/- provides ample space for various business operations.; Recent extensive renovations: Updated stucco, roof, flooring, paint, and more ensure a modern and well‑maintained building.
More about this property
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