Property profile

302 Congress St Mobile, AL 36603

OFF-MARKET
Retail properties & Spaces
Property ID
US03-1150701
1,800 SF
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Property summary

AI-generated overview

This exceptional 1,800 square foot executive office building is ideally situated in Mobile, Alabama's vibrant DeTonti Square Historic District. The property, located at 302 Congress Street, is zoned T4 - Mixed Use, offering versatility and potential for various business applications. The asking price is $495,000, translating to $275 per square foot. The building includes two parking spaces in a detached garage, supplemented by ample street parking in the area. Its convenient location provides easy access to major roadways including I-10 and I-165, as well as Broad and Water Streets. The property's proximity to Downtown Mobile's diverse culinary and retail scene, within a five-minute walk, enhances its appeal. Currently vacant, this presents a unique opportunity for immediate occupancy. An additional 750 square feet of detached apartment/garage space is included, adding further value and potential uses. The property's APN is 2906400003059XXX. This is a NNN lease type property.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,800 SF
UPID US03-1150701

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm

Location

302 Congress St Mobile, AL 36603
Mobile metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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