1411 government street Mobile, AL 36604
This exceptional 2,391-square-foot office building presents a unique investment opportunity in Mobile, Alabama's desirable Old Dauphin Way Historic District. Situated on a large 0.5178-acre lot, this property boasts a recently replaced roof (2024), a generator, and convenient features including a handicap-accessible ramp, ample parking with an added driveway for easy ingress and egress. The building's versatile layout offers potential for both residential and commercial use, potentially accommodating multiple tenants. Separate security systems and entrances are already in place, enhancing the multi-tenant possibilities. The interior features a fresh coat of neutral paint. A detached shop with power is located in the fenced backyard, adding further utility and potential. The property's prime commercial zoning and location off Government Street make it an attractive proposition for a variety of uses. All information is provided as-is; buyers are encouraged to independently verify all details and measurements. This is a rare opportunity to acquire a well-maintained, historically significant property with significant upside potential.
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
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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.