150 S Ann St Mobile, AL 36604

This 11,000-square-foot, single-story building, constructed in 1999, is situated on a 1.38-acre lot in Mobile, Alabama's Midtown area. The property boasts a prime location at a double-signalized intersection on Government Street (US Highway 90), a high-traffic thoroughfare with over 20,000 cars daily (2022 data). Its strategic position offers exceptional visibility and accessibility, with frontage on three major Mobile streets—Government Street, Ann Street, and Michigan Avenue—resulting in combined exposure to nearly 30,000 vehicles daily. The building, formerly a Rite Aid, is currently vacant and offers significant flexibility. With B2 Neighborhood Business zoning, it's adaptable for various uses, including office or retail spaces. The property features two curb cuts on Ann Street and two on Michigan Avenue, enhancing convenience and accessibility. The extensive frontage includes over 1308 linear feet on Government Street, 286 feet on Ann Street, and 156 feet on Michigan Avenue. The asking price is $1,495,000, translating to $135.91 per square foot. The property's APN is R022910223003001.000. This exceptional location and versatile building present a rare investment opportunity in a thriving Mobile neighborhood.