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Multi-Tenant Strip Mall
For Sale
$899,000

857 Downtowner Boulevard, Mobile, AL 36609

B-2-zoned commercial center with retail and office suites, recent roof work, and a resurfaced parking lot.

Property Size21,142 SF
Lot Size1.29 Acres
Price / SF$42.52
Days on Market35

Property Features for 857 Downtowner Boulevard

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

Building Details

Building Size 21,142 SF
Year Built 1978
Year Renovated 2025
Buildings 1
Stories 1
Units 9
Tenancy Multi
Listing Agency: Wise Living Real Estate, LLC
Listed By: Weston Robles · License #1543071
Source: Kimwardrealty
Added: Jul 7 Changed: Aug 10 Last Checked: Aug 10 at 3:52AM

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 Boulevard in Mobile contains 21,142 total square feet, including approximately 19,110 rentable square feet arranged across nine suites. The property occupies 1.29 acres and carries B-2 zoning. Suite configurations include office space, open layouts, private offices, and larger conference or meeting areas. Suite A is occupied by a medical tenant, while three suites are vacant. The property is 82.09% occupied, with the remaining occupied suites generally leased month to month.

Capital improvements completed in 2025 include a new roof and a resurfaced parking lot. Available spaces include Suite B at 1,500 SF, Suite D at 848 SF, and Suite K at 1,075 SF. The property is located at 857 Downtowner Boulevard in Mobile, Alabama, along an established commercial corridor.

Key Highlights

  • 21,142 total building SF on 1.29 acres
  • Approximately 19,110 rentable SF across nine suites
  • 82.09% occupied with three vacant suites

Property Analytics

Current Use

Mobile Suboxone Doctor Physician Sir's Professional Styles ... Barber Shop James Sims Physician Cystic Fibrosis Foundation Charitable Organization Upgraded Barbering Academy Vocational School

Suggested Use

Top Pick Kitchen & Bath Showroom Garden Center Electrical Service Gym & Fitness Center Storage Facility Pharmacy

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

Lease Details

82.1%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,586
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
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - B-2-zoned commercial center with retail and office suites, recent roof work, and a resurfaced parking lot.
Where is this strip mall located?
The property is located at 857 Downtowner Boulevard 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 total building SF on 1.29 acres; Approximately 19,110 rentable SF across nine suites; 82.09% occupied with three vacant suites
More about this property
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