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    216 Saint Michael Downtown Mobile, AL 36602

    For Lease
    $11 SF/Yr ($2,960 /Mo)

    Prime Office Space Available Now

    Lot size:
    3,230 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Mobile County office property offers 3,230 square feet of versatile space, ideal for a variety of business needs. Currently, 2,000 square feet is immediately available for lease, providing ample room for expansion or immediate occupancy. The building's flexible design caters to multiple tenancy arrangements, making it suitable for businesses seeking executive suites, traditional office layouts, co-working environments, creative studios, or even medical practices. The property's location in downtown Mobile offers excellent visibility and accessibility, placing your business at the heart of the city's commercial activity. The available 2,000 square feet presents a unique opportunity to establish a prominent presence in a thriving urban setting. The building's total square footage of 3,230 provides potential for future growth and expansion within the same location. This is a rare chance to secure a well-situated, adaptable office space in a dynamic and desirable area of Mobile County. The multiple tenancy option allows for flexibility in configuring the space to meet specific business requirements. Whether your business is established or just starting, this property offers a compelling combination of size, location, and adaptability. Don't miss this opportunity to secure your ideal downtown Mobile office space.

    Property Features for 216 Saint Michael Downtown

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,230 SF
    Total Rate
    2960.83

    Unit(s) available at that property

    Space
    Available Suite 1
    Size
    2,000 SF
    Rate per SF
    $11

    HighLights

    • 3,230 square foot office building in Mobile County.
    • Multiple tenancies available.
    • 2,000 square feet of vacant space currently available for lease.
    • Suitable for Executive, Traditional, Coworking, Creative, and Medical office uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0444467
    Latitude
    30.6929927

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    FAQs

    What type of property is this?
    Medical office - Prime Office Space Available Now
    Where is this medical office located?
    The property is located at 216 Saint Michael Downtown Mobile, AL.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 3,230 square foot office building in Mobile County.; Multiple tenancies available.; 2,000 square feet of vacant space currently available for lease.
    Request Owner's contact information
    216 Saint Michael Downtown 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
    216 Saint Michael Downtown Mobile, AL 36602
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