351 St Francis St Mobile, AL 36602
- Specialty properties
- 58,000 SF
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Balloon Store / Candy Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 351 St Francis St
- Year built
- 1921
- Property size
- 58,000 SF
- Property type
- Specialty properties
Description
This iconic 1921 Egyptian Revival building, located at 351 St Francis St, Mobile, AL 36602, is a truly unique investment opportunity. Boasting 58,000+ square feet across four stories, plus a large basement with high ceilings, this 18,000 sq ft lot property offers exceptional versatility. The main floor features a grand ballroom easily accommodating 1000+ guests, ideal for weddings, galas, and other large-scale events. Upper levels include a mix of office spaces, meeting rooms, restrooms, and storage. A magnificent temple room and large auditorium grace the top floor. The original rooftop ballroom and outdoor theater, framed by Egyptian obelisks, provides stunning downtown and bay views. This National Registry of Historic Properties listing includes historic tax credits and potential grants. The asking price is $7,500,000 ($129.31/sq ft), with owner financing a possibility. The property is sold as-is, where-is; buyer to verify all information. This architectural masterpiece presents a rare chance to own a significant piece of Mobile's history. Ceiling heights reach 30 feet.
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
- -88.0463
- Latitude
- 30.6913
