157 Dauphin St Mobile, AL 36602
- Investment properties
- 5,570 SF
- 0.12 lot acres
Current Use by Public Records
- New York High Style / Department Store / Children'S Clothing Store
- Pro Acoustic Solutions / Acoustical Consultant
Property Details for 157 Dauphin St
- Year built
- 1987
- Lot size
- 0.12 lot acres
- Property size
- 5,570 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 29 06 40 0 002 264.XXX
- APU
- 2906400002264XXX
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $480,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $570,000
- 6.5%
- $585,000
- 7%
- $620,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $595,000
- Geo Method
- $590,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $525,000
- Retail
- $615,000
- Mixed-Use
- $485,000
- Hospitality
- $465,000
- Educational
- $485,000
- Residential Income
- $635,000
- Energy
- $465,000
- Income-Based Land
- $490,000
- Food Service
- $470,000
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.0422
- Latitude
- 30.6915
- CBSA code
- 33660
- CBSA name
- MOBILE, AL METROPOLITAN STATISTICAL AREA