800 St Louis St Mobile, AL 36602

Listing Agency Milling Commercial Realty Inc

Listed by Jeremy B Milling, SIOR,CCIM · License #AL 63916-0

Source Crexi

Added: Aug 21, 2024 Checked: Jul 19 at 8:20 am

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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

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FAQs

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.