104 St Francis St Mobile, AL 36602
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.