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    165 Dauphin St Mobile, AL 36602

    Sponsored
    For Sale
    $4,200,000

    Historic Downtown Mobile Retail Space

    Property size:
    92,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 92,800 square foot retail property, known as the Gayfer's Building, presents a rare opportunity for revitalization in the heart of Downtown Mobile, Alabama. Situated on a 0.57-acre lot (APN: 2906400002260XXX), this four-story building boasts a prime location on Dauphin Street, directly overlooking the newly renovated Bienville Square. The property includes a 0.15-acre parking lot, offering valuable convenience. Zoned T5.2 Mixed Use, this versatile space allows for a variety of commercial uses, including bank, grocery store, and storefront options. Its strategic location provides excellent visibility and walkability to over 500 businesses employing more than 6,500 people. Enjoy easy access to major thoroughfares like I-10, I-165, Dauphin Street, and Government Boulevard. The asking price for this landmark building is $4,200,000. This is a unique chance to acquire a piece of Mobile's history and capitalize on its vibrant downtown resurgence.

    Property Features for 165 Dauphin St

    General Information

    Property type
    Individual retail properties
    Square Feet
    92,800 SF
    Lot Size
    24,829 SF

    Building Details

    Stories
    4

    HighLights

    • 92,800 SF building on a 0.57‑acre lot.
    • 0.57‑acre site with a 0.15‑acre parking lot.
    • T5.2 Mixed‑Use zoning.
    • Prime Dauphin Street location overlooking renovated Bienville Square.
    • Excellent visibility and walkability; near 500+ businesses employing 6,500+.
    • Downtown Mobile location with easy I‑10, I‑165, Dauphin Street, and Government Boulevard access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.042145
    Latitude
    30.691223

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    FAQs

    What type of property is this?
    Individual retail property - Historic Downtown Mobile Retail Space
    Where is this individual retail property located?
    The property is located at 165 Dauphin St Mobile, AL.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: 92,800 SF building on a 0.57-acre lot.; 0.57-acre site with a 0.15-acre parking lot.; T5.2 Mixed-Use zoning.
    Request Owner's contact information
    165 Dauphin St Mobile, AL 36602
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    Mobile, AL 36602
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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
    165 Dauphin St Mobile, AL 36602
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