You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Office Units

357 Congress St Mobile, AL 36603

1,335 SF
Property ID
US03-2965256
Property summary
AI-generated overview

The current owner of this former Downtown Shanty recently received an esteemed award from Main Street Mobile for the Adaptive Reuse/Renovation. This property was brought back to its former 1875 historical glory, but with the bells and whistles of 2024. The renovation insures that 357 Congress Street will continue to contribute to the character of the downtown neighborhood for years to come. The property is zoned T4 for mixed use and is currently being used as an AirBNB with 2 separate Bedrooms, 2 Kitchenette areas, 2 luxury Bathrooms, a Living Room with a Sleeper Sofa and a separate Laundry Room. However, this building has the perfect layout for a Personal Residence or a Professional Office space. The smaller space on the left has its own front door, access to the Foyer and back door with one large room, closet, Kitchenette, Breakfast area and Bathroom. As you enter the larger space on the right you will walk through a Foyer which could function as a reception area, into a front Living Room and into the back private Bedroom with a closet, access to the Kitchenette, Breakfast area, Bathroom, and the back door. The laundry Room can be accessed by both spaces, off the back deck. The back parking can hold 5 cars and there are spaces to park along the street. This Building was totally renovated, top to bottom: roof, double pane windows, tankless water heater, HVAC system, electrical, plumbing, etc. This home is being sold fully furnished so that a new owner can continue to use it as a rental, or move right into it. Actually, someone could live in the right side, and rent out the left side. Take a look at the night time photo showing the soffit lighting and you will agree that this building is the prettiest in all of downtown. The renovation retained most of the Victorian historical qualities of the exterior façade, the original Fireplaces and Mantles, gleaming hardwood floors and moldings. Records show that the original building was built around 1875, which means it is nearly 150 years old and it is now ready for a new chapter in its life. Come be a part of all the exciting growth of Downtown Mobile, close to restaurants, night life, art studios, and of course Mobile’s renowned Mardi Gras festivities. Call for your private tour today.

Property profile
Verified
Property type Office Units
Total area 1,335 SF
UPID US03-2965256
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message