Multi-Tenant Retail Strip
For Sale
$899,000
857 Downtowner Blvd, Mobile, AL 36609
B-2-zoned commercial property with a 2025 roof replacement and resurfaced parking lot.
Property Size21,142 SF
Lot Size1.29 Acres
Price / SF$42.52
Days on Market72
Property Features for 857 Downtowner Blvd
General Information
Standard status
Active
Size
21,142 SF
Net Rentable
19,110 SF
Lot size
1.29 Acres
Property subtype
Commercial
Zoning
B-2
Occupancy
82%
Net Operating Income
$62,744
Financials
Asking Price
$899,000
Cap Rate
6.98%
Gross Income
$99,429
Additional Details
Office Units
9
Building Details
Year Built
1978
Year Renovated
2025
Buildings
1
Building Size
21,142 SF
Tenancy
Multi
Listing Agency:
Wise Living Real Estate, LLC
Listed By:
Weston Robles PHONE
Source:
Southalabamahomesforsale
Added: Jun 21
Changed: Aug 31
Last Checked: Aug 31 at 12:25AM
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 Wise Living Real Estate, LLC
Investment Insights
Based on property information with market context.
This multi-tenant strip center at 857 Downtowner Blvd in Mobile, Alabama, contains 21,142 square feet of building area on 1.29 acres. Approximately 19,110 rentable square feet is arranged across nine suites, with the property 82.09% occupied and three suites available. Suite B offers 1,500 square feet of office space, Suite D includes 848 square feet with an open plan and private office, and Suite K provides 1,075 square feet with conference and meeting rooms.
The property carries B-2 zoning and includes a medical-tenant suite under a long-term lease. Other occupied suites are leased month to month. Capital work completed in 2025 includes a new roof and resurfacing of the parking lot, providing recent improvements to the building and site.
The property carries B-2 zoning and includes a medical-tenant suite under a long-term lease. Other occupied suites are leased month to month. Capital work completed in 2025 includes a new roof and resurfacing of the parking lot, providing recent improvements to the building and site.
Key Highlights
- 21,142 SF building on 1.29 acres
- Approximately 19,110 rentable SF across nine suites
- 82.09% occupied with three vacant suites
Property Analytics
Property Profile
Current Use
Lease Details
9
Office units
82.1%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,558
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - B-2-zoned commercial property with a 2025 roof replacement and resurfaced parking lot.
Where is this strip mall located?
The property is located at 857 Downtowner Blvd Mobile, AL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 21,142 SF building on 1.29 acres; Approximately 19,110 rentable SF across nine suites; 82.09% occupied with three vacant suites
