662 St Louis St Mobile, AL 36602
- Lifestyle centers
- 18,568 SF
Current Use by Public Records
- Isalis / Women'S Clothing Store / Jewelry Store
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 662 St Louis St
- Property size
- 18,568 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional multi-tenant retail property, the Shoppes at St. Louis, is located in Mobile, Alabama's vibrant Central Business District along St. Louis Street, also known as Automobile Alley. The 18,568 square foot property is offered at $3,779,000, translating to $203.52 per square foot. The property boasts five tenants, a diverse mix of restaurants, bars, and other specialty service businesses. A key feature is an architecturally stunning brewery, uniquely constructed from reclaimed wood and steel sourced from a historic cotton gin. The development showcases careful redevelopment, creating an inviting atmosphere with ample green space and outdoor seating areas. The buildings have been thoughtfully restored to provide a unique and appealing experience for both tenants and patrons. Downtown Mobile is experiencing a resurgence, with high office occupancy rates, indicating a strong and growing local economy. This investment opportunity presents a chance to acquire a thriving retail center in a revitalized and desirable urban location. The property's addresses are 650, 656, and 662 St. Louis Street, Mobile, AL 36602. The land value is $203.56 per square foot.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.0522
- Latitude
- 30.6914
