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    755 Government St Mobile, AL 36602
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    755 Government St, Mobile, AL 36602

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    • Specialty properties
    • 11,000 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Specialty properties

    Property Details for 755 Government St

    Year built
    1948
    Property type
    Specialty properties
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional 11,000-square-foot Class A creative office space is situated on a hard corner at 755 Government Street in Mobile, Alabama's vibrant Downtown submarket. Built in 1948 and extensively renovated in 2023, this single-tenant property boasts a prime location with high visibility and significant foot traffic. The 20,000-square-foot lot provides ample space, including 30 parking spots – exceeding typical Downtown availability. Its strategic location offers easy access to Interstate 10 via a convenient backdoor shortcut, maximizing convenience for employees and clients. The property benefits from its proximity to a variety of amenities, including bars, restaurants, breweries, galleries, dog parks, and libraries, enhancing its appeal and attracting a diverse clientele. The building's location also places it directly on a major parade route, providing unique marketing opportunities. This versatile space, previously used as a retail salon, gallery, and bar, is adaptable to a wide range of creative office uses. The property features sidewalk access and is categorized as Retail, Office, and Special Purpose. While there are no elevators, the building's design and layout are well-suited for creative office tenants. The high daily car count of over 25,000 further underscores the exceptional visibility and accessibility of this unique Downtown Mobile property. This is a rare opportunity to acquire a highly desirable commercial space in a thriving urban core.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Mobile
    County
    Mobile
    State
    Alabama
    Longitude
    -88.0519
    Latitude
    30.6867
    More about this property
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