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Property profile

104 St Francis St Mobile, AL 36602

OFF-MARKET
Retail properties & Spaces
31,538 SF
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Property summary

AI-generated overview

Merchants Plaza, located at 104 St Francis St in Mobile, Alabama (zip code 36602), offers exceptional coworking opportunities in a vibrant retail and office setting. This Mobile County property boasts a total of 31,538 square feet, with a significant 31,500 square feet currently vacant and ready for immediate occupancy. The space is ideal for businesses seeking flexible and adaptable work environments. Multiple tenancy options are available, with spaces ranging from a minimum of 5,000 square feet to a maximum contiguous space of 9,600 square feet. This presents a unique opportunity for businesses of various sizes to establish a presence in a well-located building. The property's classification as both retail and office space allows for diverse uses and potential synergies. The building's address is conveniently situated within Mobile, offering easy access to local amenities and transportation networks. This is a rare chance to secure substantial, adaptable space in a thriving Alabama market. Contact us today to learn more about leasing options and explore the possibilities of establishing your business at Merchants Plaza. The property is categorized as a coworking space and is ready for immediate lease.

Property profile

Verified
Property type Retail properties & Spaces
Total area 31,538 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

104 St Francis St Mobile, AL 36602
Mobile metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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