157 Dauphin St Mobile, AL 36602-3211
This exceptional mixed-use property at 157 Dauphin St., Mobile, AL, presents a unique investment or owner-user opportunity. Priced at $675,000, this 5,207 square foot building boasts a prime downtown location directly across from Bienville Square, placing it in the heart of Mobile's activity, including Mardi Gras celebrations. Built in 1865, the two-story structure sits on a 0.12-acre lot and is zoned B2. The building comprises one unit across one building. The first floor has been completely renovated, showcasing beautiful exposed original brickwork, and offers potential for a restaurant with seating for up to 180 patrons. The second floor features a renovated and updated space suitable for office use or living quarters, complete with a large bathroom. This versatile property offers numerous possibilities for a discerning buyer. While some renovations have been completed, further development may be possible. All measurements are approximate, and buyers are advised to verify all information independently. The property's proximity to the Reese's Senior Bowl Office and the Dumb Waiter Restaurant further enhances its desirability.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.