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Historic Building Redevelopment Opportunity
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800 St Louis St, Mobile, AL 36602

Two-story historic building for redevelopment in an Opportunity Zone.

Property Size22,940 SF
Price / SF$95.90
Days on Market745

Property Features for 800 St Louis St

General Information

Standard status Active
Size 22,940 SF
Property subtype Special Purpose
Zoning SD-WH Special District
Listing Agency: Milling Commercial Realty Inc
Listed By: Jeremy B Milling, SIOR,CCIM · License #AL 63916-0
Source: Crexi
Added: Aug 21, 2024 Changed: Aug 25 Last Checked: Sep 1 at 5:55PM

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 Milling Commercial Realty Inc

Investment Insights

Based on property information with market context.

This property presents an excellent redevelopment opportunity along St. Louis Street, encompassing an entire block. The site is improved with a 2-story historic structure. Originally constructed as a school associated with St. Joseph’s Catholic Church, which is located across St. Louis Street, the building was later purchased and renovated for Wings of Life, a faith-based recovery program in Mobile. The property is located in an Opportunity Zone and offers possibilities including the potential for Historic Tax Credits and other incentive programs. This site is one of the few redevelopment opportunities remaining along the “Automotive Alley” corridor, an area that has experienced considerable redevelopment over the past 10 or more years. The property has a size of 22940 square feet.

Key Highlights

  • Entire city block redevelopment opportunity on St. Louis Street.
  • Located in an Opportunity Zone.
  • Potential for Historic Tax Credits and other incentive programs.

Property Analytics

Current Use

Schools

Location Intelligence

Trade Area within ½ mile

2,921
Businesses Nearby

Demographics for 36602, AL

910
Population
802
Households
1.1
Avg Household Size
56
Median Age
45%
College-Educated
91%
High-School Grad
3.9 sq mi
ZIP Area
233
Density / Sq Mi
$35,000
Median Household Income
$48,523
Median Earnings
$596
Median Rent
$258,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
School - Two-story historic building for redevelopment in an Opportunity Zone.
Where is this school located?
The property is located at 800 St Louis St Mobile, AL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Entire city block redevelopment opportunity on St. Louis Street.; Located in an Opportunity Zone.; Potential for Historic Tax Credits and other incentive programs.
More about this property
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